Goods and Services Tax – Started By: – SAFETAB LIFESCIENCE – Dated:- 24-1-2018 Last Replied Date:- 31-1-2018 – Dear Experts, We are planning for a Corporate Day out taking all our staff to an amusement park. It is purely a staff welfare activity. Whether we can avail ITC of GST charged by the amusement park for their charges. – Reply By RAJA SWAMINATHAN – The Reply = The fundamental Condition for availing input tax credit is that there should be a valid Invoice in the name of Corporation, the services shall not be used for personal purpose, The above activity is not specifically prohibted under section 17(5) of the CGST act. fwhere credit cannot be availed. For availing the benefit the invoice shall be in the name of corporation and not in
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