I took a flight for business purpose in April. Airline invoice shows Rs.4300+5% (SGST/CGST). My April GSTR2B shows this entry under eligible ITC. I however remember someone telling me that 5% GST cannot be claimed as ITC. How true is this? Under what circumstances can I claim 5% GST as eligible ITC?
08 June 2021
Altamush ji, thank you. Yes the travel was purely for business reason.
A follow-up question that I have is, if somethings shows up in my GSTR2B or gets auto-populated in GSTR3B under eligible ITC, can I safely take credit of that? Or do I have to again check if it contains ineligible items (Blocked ITC under GST – Section 17(5))?
CAclubindia
