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Input Tax Credit Availability


14 July 2017 Dear all, A dealer is purchasing medicines & first aid kits for his employees & workers of the factory. whether he can claim ITC of GST paid on such purchases ?

14 July 2017 Yes ITC available... ITC is not available only for transactions mentioned in 17 (5) of cgst act

14 July 2017 Thanks for reply.


14 July 2017 But as per my understanding ITC will be not allowed for the goods meant for personal consumption. so whether medicine falls under this criteria of personal consumption ? please clarify.



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