Can We Claim Itc On Business Promotion Expenses at Lily Pete blog

Can We Claim Itc On Business Promotion Expenses. The furtherance of business and credit is admissible in terms of section 16 of the cgst/sgst. Following the legal framework of the goods and services tax (gst), businesses are permitted to claim itc on specific marketing promotion expenses. The board, in its wisdom, issued circular no. The central board of indirect taxes and custom (cbic) vide its circular no. The appellant has claimed that the gift items have been used in ‘business promotion’ viz. So, what do you have to keep in mind. Businesses can claim itc on marketing expenses like advertising if used for business purposes and compliant with gst rules.

Union Budget 2024 ‘Clarity on ITC eligibility on sales promotion
from indianexpress.com

Following the legal framework of the goods and services tax (gst), businesses are permitted to claim itc on specific marketing promotion expenses. The appellant has claimed that the gift items have been used in ‘business promotion’ viz. The board, in its wisdom, issued circular no. Businesses can claim itc on marketing expenses like advertising if used for business purposes and compliant with gst rules. The central board of indirect taxes and custom (cbic) vide its circular no. The furtherance of business and credit is admissible in terms of section 16 of the cgst/sgst. So, what do you have to keep in mind.

Union Budget 2024 ‘Clarity on ITC eligibility on sales promotion

Can We Claim Itc On Business Promotion Expenses So, what do you have to keep in mind. The appellant has claimed that the gift items have been used in ‘business promotion’ viz. The furtherance of business and credit is admissible in terms of section 16 of the cgst/sgst. The central board of indirect taxes and custom (cbic) vide its circular no. Businesses can claim itc on marketing expenses like advertising if used for business purposes and compliant with gst rules. The board, in its wisdom, issued circular no. Following the legal framework of the goods and services tax (gst), businesses are permitted to claim itc on specific marketing promotion expenses. So, what do you have to keep in mind.

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