TaxTMI 
TaxTMI 
I am a distributor of Bathroom fittings. this month I organised a dealers meet. I incurred some expenses on purchases of gift items, booked conference hall and lunch, etc.
Can I avail Input Credit on these bills
GST on Business promotion and development expensess
23 Jun 2018 
7 Replies 
16354 Views Asked by
Guest 
Input tax credit eligibility on promotional expenses: gifts and food usually ineligible; venue credit depends on place of supply.
Input tax credit for business promotion expenses is restricted: food and catering expenses at promotional events are generally non-creditable and gifts supplied free require reversal or are ineligible. Conference-hall charges are creditable only when the place of supply and the recipient's registration state coincide; if the event is held in a state where the recipient is not registered, the tax paid cannot be claimed as input tax credit and is an expense. (AI Summary)
Input tax credit for business promotion expenses is restricted: food and catering expenses at promotional events are generally non-creditable and gifts supplied free require reversal or are ineligible. Conference-hall charges are creditable only when the place of supply and the recipient's registration state coincide; if the event is held in a state where the recipient is not registered, the tax paid cannot be claimed as input tax credit and is an expense. (AI Summary)