banner_ad

Blocked input credit u/s 17 (5)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 October 2024 Dear Sirs : One of my clients who is manufacturing goods has claimed input GST credit on (a) health insurance of permanent employees (b) Diwali gifts to clients (c) festival / diwali expenses. Please advise that do these expenses fall in category of blocked credit u/s 17(5). Is there any justification for claiming input tax credit ? Kind regards
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
15 October 2024 a and b ITC can be claimed being related to business promotion.
c ITC can't be claimed as it's not related to business promotion.
Profile Image

PARDEEP KAPIL

Profile Image

PARDEEP KAPIL (Querist)
15 October 2024 dear Mr Seetharaman ji : (c) festival / diwali expenses. These expenses are for sweets and gifts distributed to workers and clients .... kindly suggest
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
15 October 2024 you can't claim input tax credit (ITC) on the GST paid for these gifts, regardless of the value.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details