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Blocked Credit Under GST 789

Section 17(5) of the CGST act specifies certain goods or services as Blocked Credit. List of cases when input tax credit is not available under GST.<br><br>Read More: https://www.taxgyata.com/ap/blocked-credit-under-gst/

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Blocked Credit Under GST 789

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  1. Blocked Credit Under GST

  2. Specified goods or services will not be eligible for GST input tax credit

  3. Motor Vehicles & Conveyances With capacity <=13 persons EXCEPTIONS Further supply of vehicles Transportation of goods Transportation of passengers Imparting training on driving

  4. Vessels and Aircraft EXCEPTIONS Further supply of vessels or aircraft Transportation of passengers Transportation of goods Imparting training on navigating or flying

  5. Outdoor catering Health services Food & beverages Beauty treatment services Cosmetic & plastic surgery EXCEPTIONS • Category of inward & outward supply is same • Component belongs to a mixed or composite supply

  6. Travel benefits extended to employees EXCEPTION • Travelling is for business purposes

  7. Works Contract Services Contractor Tech Company • Input service is used for further work contract services EXCEPTION Sub Contractor Contractor

  8. Construction of an immovable property (other than plant or machinery) on his own account ITC not available Constructs its office building ABC Industries Constructs plant to produce oil ITC available

  9. Tax payment made under Composition Scheme

  10. Restaurants • Restaurants inside hotels with room tariff more than Rs 7500

  11. Non-Resident • Goods imported by him

  12. Goods or Services used for personal purposes

  13. Free Samples & Destroyed Goods

  14. Fees paid for membership in club, health & fitness centre

  15. Tax paid in fraud cases

  16. www.taxgyata.com https://www.taxgyata.com/ap/blocked-credit-under-gst/

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