SECTION 17 (5) – BLOCK CREDIT IN SPECIAL CASES

Understanding Section 17(5) of the CGST Act is crucial for businesses navigating input tax credit (ITC) restrictions. This provision outlines specific cases where ITC is blocked. Stay informed on ITC eligibility and compliance with our in-depth analysis.

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GST on transfer of Capital Goods

Understanding GST on the sale of used capital goods is vital for businesses to manage tax liabilities and compliance. The GST regime includes specific provisions affecting eligibility for Input Tax Credit (ITC), applicable GST rates, and required documentation. Stay informed to ensure compliance while selling pre-owned assets.

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