Скачать или смотреть GST Blocked Credit Under Section 17(5) of GST Act | जानिये कौन GST Input Tax Credit आप नही ले सकते |

GST Blocked Credit Under Section 17(5) of GST Act | जानिये कौन GST Input Tax Credit आप नही ले सकते |

Struggling to understand which Input Tax Credit (ITC) you can and cannot claim under GST? You're not alone! Section 17(5) of the CGST Act lists specific expenses where ITC is permanently blocked, even if they are used for business purposes. Claiming ineligible credit can lead to hefty penalties, interest, and scrutiny from the tax department.

In this video, we break down the complex legal language of Section 17(5) into simple, easy-to-understand points with practical examples. We cover every clause from 17(5)(a) to 17(5)(i) so you can confidently file your GST returns and avoid common mistakes.

⏰ TIMESTAMPS / CHAPTERS:
0:00 - Introduction to Blocked Credit
1:15 - Why Section 17(5) is so Important
2:30 - Motor Vehicles & Conveyances (17(5)(a))
4:50 - Health & Insurance Clauses (17(5)(b))
7:10 - Food, Beverages, Outdoor Catering (17(5)(b))
9:00 - Beauty Treatment, Health Services (17(5)(b))
10:45 - Membership Clubs & Fitness (17(5)(c))
12:30 - Rent-a-cab, Life Insurance, etc. (17(5)(d))
14:00 - Travel Benefits to Employees (17(5)(d))
15:20 - Construction of Immovable Property (17(5)(d) - MOST IMPORTANT)
18:40 - Composition Scheme & Exempt Supplies (17(5)(e) & (f))
20:30 - Free Samples & Destroyed Goods (17(5)(h))
21:45 - GST Paid under Reverse Charge (RCM) on Blocked Items
23:00 - Summary & Key Takeaways
24:30 - Q&A: Can I claim ITC on Laptops? Mobile Phones? Company Car?

📚 DOWNLOAD THE FREE PDF: Get a complete checklist of all blocked credit items under Section 17(5). [Link to your website/PDF]

💼 Who should watch this?

Chartered Accountants (CAs)

Company Secretaries (CSs)

GST Practitioners

Business Owners (Proprietors, Partners, Directors)

Finance Managers & Accountants

Tax Students and Learners

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Disclaimer: This video is for educational purposes only and does not constitute professional tax advice. Please consult with a qualified CA or GST practitioner for advice specific to your business situation.

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