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ITC on packing materials

Indresh Kumar (6 Points)

07 December 2020

Dear Sir/ Ma'am

Is GST ITC available on paking materials ? Jus like Carogatted boxes , Plastic Bags etc.

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5 Replies

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 07 December 2020

Yes sir If the credit is not blocked u/s 17(5) it will bw allowed.

JATINDER KUMAR (Accountant) (3662 Points)
Replied 07 December 2020

No restrictions

You can claim ITC if business use

Shivam RC (Student) (23683 Points)
Replied 07 December 2020

Yes you can claim ITC on Packing Materials used in the course of business...

As per the Provision of Section 16(1) of the CGST Act 2017, ITC on Inputs, Input Services and Capital Goods used in the course of or furtherance of business can be claimed provided it is not BLOCKED U/s 17(5) of the CGST Act 2017.

Note that all the FOUR CONDITIONS as laid down U/s 16(2) of the CGST Act 2017 for claiming ITC has been satisfied before claiming it.

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