Last updated at Sept. 4, 2020 by Teachoo
What is Blocked Credit as per Section 17(5) Expenses on which Input Tax Credit is not available is called Blocked Credit On What expenses,Input tax credit is not available No ITC available of Food and Beverages Execept or same type of service Outdoor Catering Beauty Treatment Health Services cosmetic and plastic surgery membership of a club health and fitness centre rent - a-cab except when made obligatory by govt life insurance for same type of service health insurance Travel benefits (LTC) works contract services(Construction Service) Execept or same type of service goods or services on which tax has been paid under section 10;(Composition Schem) goods or services received by a non-resident taxable person goods or services used for personal consumption; goods lost, stolen, destroyed, written off or disposed Tax paid in accordance with the provisions of sections 74, 129 and 130(tax levied because of fraud,misstatement,confiscation of goods).
Chapter 3 GST Input Tax Credit
Different Types of Input Tax Credit
Whether Expenses on Fixed Assets always Capital Goods?
Whether ITC Available on All Expenses?
Which is Better ITC Available or Not Available?
Why ITC Not Available of Employee Expenses?
When is ITC on Motor Vehicle Available?
Whether ITC Available on GST of Insurance?
Whether ITC Available on Employee Travel Expenses and Hotel Bill
What is Last Date of taking ITC?
Is ITC Available if Payment Not Made to Party
When is ITC Available -On Bill Date or Receipt Date
ITC if Goods Received in Lots
What is Blocked Credit as per Section 17(5) You are here
About the Author