This discussion clarifies GST ITC claims for jewellery purchased by a Kirana store dealer for personal use. Although the invoice appears in GSTR-2A under the firm's name, ITC cannot be claimed for personal items. However, the dealer can reverse the claimed ITC, which is permissible under GST regulations.
05 April 2021
Sir, A gst registered Kirana store business regular scheme dealer purchases of jewellery value rs:3 lacs personal used purposes.if billing name on firm name received and show in gstr 2a. Question: Dealer jewellery value itc claimed show in gstr3b return in gst act.