https://www.taxtmi.com/forum/issue?id=112945 Tax paid under the reverse charge mechanism to unregistered suppliers is claimable as input tax credit only where the goods or services are used for business purposes and not for personal consumption; sponsorship services paid under RCM may qualify as ITC if used for business, whereas consumable items supplied for personal use (e.g., namkin/snacks) are not eligible and treating them as employee gifts was not accepted as a basis for credit. en-us Sun, 15 Oct 2017 20:28:46 +0530 Thu, 23 Jan 2025 15:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112945 Tax paid under the reverse charge mechanism to unregistered suppliers is claimable as input tax credit only where the goods or services are used for business purposes and not for personal consumption; sponsorship services paid under RCM may qualify as ITC if used for business, whereas consumable items supplied for personal use (e.g., namkin/snacks) are not eligible and treating them as employee gifts was not accepted as a basis for credit. Discussion-Forum GST Sun, 15 Oct 2017 20:28:46 +0530 https://www.taxtmi.com/forum/issue?id=112945