ITC on Food Expenses incurred in connection with business promotional activities

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....TC on Food Expenses incurred in connection with business promotional activities<br> Query (Issue) Started By: - Vishal Soni Dated:- 30-7-2018 Last Reply Date:- 31-7-2018 Goods and Services Tax - GST<b....

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....r>Got 5 Replies<br>GST<br>As per section 17(5)(b)(i) of CGST Act, 2017, ITC is no allowable on supply of Food & Beverages etc., however if any business concern incurs expenses for business promotion i....

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....n form of gift of dry fruits, which are to be distributed to their clients whether ITC will be available in that case? Reply By SHIVKUMAR SHARMA: The Reply: No, ITC Not available on Item Given as gi....

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....ft. Reply By ANITA BHADRA: The Reply: As per Sec 17(5) of CGST Act - ITC will not be available on -Goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples Reply By ....

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....SHIVKUMAR SHARMA: The Reply: Also please refer Issue Id: - 113894 of this Forum. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: ITC is not eligible. Reply By Ganeshan Kalyani: The Reply: Specific....

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....ally disallowed in the Act.<br> Discussion Forum - Knowledge Sharing ....