Unlock the complexities of GST with our upcoming live webinar on “Block Credit in GST u/s 17(5).” Led by renowned expert CA Ruchika Bhagat, this session aims to provide comprehensive insights into Input Tax Credit (ITC) under GST, particularly focusing on Section 17(5) and its implications.
Unlock the complexities of GST with our upcoming live webinar on "Block Credit in GST u/s 17(5)." Led by renowned expert CA Ruchika Bhagat, this session aims to provide comprehensive insights into Input Tax Credit (ITC) under GST, particularly focusing on Section 17(5) and its implications.
She we'll delve into the intricacies of ITC, exploring its meaning, conditions, and eligibility criteria. We'll navigate through the critical aspects outlined in
– Meaning of input tax credit
– Condition and edibility for taking ITC
– Section 17 of CGST (1 to 4)
- Motor vehicles, vessels, and aircraft and their renting
- Food and beverages, Outdoor Catering, Beauty Treatment, Health Service, Cosmetic and plastic surgery.
- Types of insurance and eligibility of input tax credit.
- Membership of club, health and fitness center. • Good or service or both used for personal consumption.
- Construction of immovable property and works consumption
- Goods lost, stolen, destroyed, written off, or disposed of by way of gift or free samples.
– Section17(5) Block Credit
– Tax paid u/s 74, 129 and 130