Regarding itc claiming

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Accounts Service
331 Points Posted on 09 October 2021
Hi,
I am registered in GST and business type of Travel Booking likes as Hotel.My question is activa purchase on name of Firm and its ITC claimable or not?

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On 09 October 2021 at 13:39 Report
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on purchases made for a GST-registered travel booking business, specifically an Activa. The consensus is that ITC on such items is generally not claimable, as it falls under blocked credits as per Section 17(5) of the CGST Act 2017.

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Student
55 Points Posted on 09 October 2021
Cannot claim ITC on activa. It is blocked as per Sec 17(5) of the CGST Act 2017.
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On 09 October 2021 at 15:18
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Chartered Accountant
24588 Points Posted on 10 October 2021
No it is blocked
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On 10 October 2021 at 06:13

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