Claim On Business Promotion

LIM KIM
3 years, 3 months ago

Dear Sir,

My question is that is claim available against tax paid (GST ) on business promotion like hotel charges, lunch & dinner ? If yes, what is the criteria ? Please describe briefly

Comments

1 Answer

GST Payer 3 years, 3 months ago

0

First you need to check whether input credit is available on these expenses or not.

GST input is not available on food consumed.

Hotel charges input can be availed, provide GSTIN to hotel and ask them to upload the details in GSTR-1, you will get input credit.

However if it is a mixed supply or composite supply then you will get input of full expense incurred subject to hotel uploading details and remitting tax.

Comments

Since, we do not get ITC on food consumed, do we need to pay GST on RCM, if the food expenses incurred is >5000rs and procured from an Unregistered Eatery? - Basheer PM

Yes RCM is applicable. - GST Payer