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TMI BlogITC CLAIM OR NOTX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir/Madam, We would like to know that we have purchased some items for Diwali to our company employees and we have done payment by Bank. The suppliers has issued us IGST invoice against that ite ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ms. So we want to know that can we claim ITC for the same or not ??? Please help us we are confuse for the same to take or not. With Best Regards Pradeep Shukla - Reply By Prudhvi Jakkula - The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply = No. Credit in respect of above purchases cannot be claimed as per Section 17(5)(h) . As per this clause, credit on goods lost, stolen, destroyed, written off or disposed of by way of gift ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or free samples cannot be taken. - Reply By Atul Rathod - The Reply = Cannot take in terms of 17(5) - Reply By KASTURI SETHI - The Reply = I agree with the views of both experts. - Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ganeshan Kalyani - The Reply = The credit is blocked by section 17(5) and therefore you cannot claim GST credit. - Reply By Adarsh Sharma - The Reply = Since it is not in furtherance of business ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , ITC not available as per Sec 17(5) .. - ITC CLAIM OR NOT - Query Started By: - PRADEEP SHUKLA Dated:- 13-11-2019 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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