Dear sirs, My client a pvt ltd. company form Goa wish to have a marketing & sales event in hotel in Goa for approx 250 people which will be followed by dinner. Can company avail ITC, is it eligible to take GST input credit charged by the hotel in their invoice.
Thank you
Company's Event: ITC Claimable on Venue Rent, Not on Food & Beverages Under GST Regulations A private limited company in Goa plans to host a marketing and sales event at a hotel for approximately 250 attendees, followed by dinner. The query is about the eligibility to claim Input Tax Credit (ITC) on the Goods and Services Tax (GST) charged by the hotel. The response clarifies that ITC cannot be claimed for expenses related to food and beverages. However, ITC can be claimed for the premises rent, provided it is a business expense and the company is engaged in taxable supplies. (AI Summary)
Goods and Services Tax - GST
TaxTMI 
TaxTMI 
TaxTMI 
