GST – Started By: – MODASSIR NAZAR – Dated:- 21-1-2019 Last Replied Date:- 26-1-2019 – Dear All One of My company doing camera rental Business.They give mobile and gift to cameraman and their assistants as a business promotions.can i take ITC of GST on the same.Also we are gifting in diwali to our employees. Can we take GST ITC on the same. (diwali gift to Employees). – Reply By SHARAD ANADA – The Reply = Refer schedule I of CGST Act and Sec 17(5) of CGST Act. SCHEDULE I ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION – Reply By KASTURI SETHI – The Reply = After agreement with Sh.Sharad Anada Ji, I would like to add as under:- Fundamental is very much clear for availing ITC. ITC cannot cannot be availed if supply of g
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