No input tax credit on Dubai trips, gold vouchers offered to retailers meeting set targets

MUMBAI: Recently, the  GST Authority for Advance Rulings  (AAR), Tamil Nadu, has held that no input tax credit (ITC) would be available to the manufacturer who had purchased goods such as Dubai tickets, gold vouchers, home appliances for rewarding retailers who meet their targets.  According to the AAR, the main reason for such a stand is that rewards would be used by the retailers…