BUSINESS PROMOTION

[VIBHUKUMAR SANGAL]

We have given a Party for Business Promotion. This party has organised by a event organiser. In which, they organised food, musician, music & dance. They have given us Bill with GST. Can we take GST Input on the same Bill.

AI Summary

Debate on GST Input Credit Eligibility for Business Events Under Section 155 of CGST Act Sparks Concerns Over Misuse A discussion on the eligibility of claiming GST input credit for a business promotion event organized by an event planner, which included food, music, and dance. One participant argues that claiming input credit is challenging under Section 155 of the CGST Act, as proving the event was for business purposes is difficult. Others suggest that if the invoice specifies 'Business Promotion' or 'Event Management,' credit might be eligible. However, concerns about potential misuse and the strictness of the tax department are raised, indicating that such claims could lead to litigation.