ITC on Food Expenses incurred in connection with business promotional activities
Query (Issue) Started By: – Vishal Soni Dated:- 30-7-2018 Last Reply Date:- 31-7-2018 Goods and Services Tax – GST
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GST
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 in form of gift of dry fruits, which are to be distributed to their clients whether ITC will be avai
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