Block Credit ?

137 views 2 replies
Dear all,

We are engaged in manufacturing of machine parts, We purchase Raincoats, Staplers, steel bottle etc to gift our Distributors.

I am giving this gift by way of two method

1) I am mentioning this in my invoice but against which putting value 0 along with machine parts bill

2) Making bill of supply for gift

whether GST ITC will be allowed or not in both cases...?
Replies (2)
No itc will nit be allowed.
No ITC won't be allowed in such transactions as it is blocked as per sec 17(5) of CGST Act, 2017.


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