Dealer Meet / Nukkad Meet

[SHYAM PATHAK]

Dear Sir,

May we hire an Event management GST registered organization to organize Dealer Meets and Nukkad meeting to be held and debit that amount in PL and claim ITC on such promtional expences.

AI Summary

Event Management Expenses Eligible for ITC if Conditions Under Sections 16 & 17(5) of CGST Act are Met A user inquired about hiring a GST-registered event management company for organizing dealer and Nukkad meetings, and whether the expenses could be claimed as Input Tax Credit (ITC). Respondents advised that it is possible, provided conditions in Sections 16 and 17(5) of the CGST Act are met. They recommended ensuring a single invoice to avoid disputes over credit on food and beverages. Additional queries included TDS applicability, billing descriptions, and necessary agreements. It was clarified that GST TDS provisions apply if the contract value exceeds 2.5 lakhs, and specific SAC codes should be used on invoices.