Goods and Services Tax – Started By: – Satyajit Das – Dated:- 23-6-2018 Last Replied Date:- 26-6-2018 – I am a distributor of Bathroom fittings. this month I organised a dealers meet. I incurred some expenses on purchases of gift items, booked conference hall and lunch, etc.Can I avail Input Credit on these bills – Reply By YAGAY and SUN – The Reply = Input Tax Credit on food expenses may not be eligible u/s 17(5). – Reply By Alkesh Jani – The Reply = Sir,I agree with the reply given by our experts and in addition, I would say that ITC taken on gift is required to be reversed.Thanks – Reply By Ganeshan Kalyani – The Reply = Input tax credit on conference is also a matter of discussion. If you have held conference in the state where you hav
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