List of Items On Which ITC is Not Available

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List of Items On Which ITC is Not Available

 

Section Interpretation
17(5)(a) Motor vehicles and other conveyance except(a) making the following taxable supplies namely:-

i) further supply of vehicles

ii) Transportation of passengers

iii) Training of driving flying

(b) For transportation of goods

17(5)(b) i) Foods, beverages, outdoor catering, beauty treatment, health products, cosmeticException: – if these goods are used by registered person for giving taxable supplies for same goods

ii) Membership of club, health and fitness centre which do not include trade unions

iii) Rent a cab, life and health insurance

Exception:-

1) govt notifies employer has to provide service to employees

2) if these goods are used by registered person for giving taxable supplies

iv) Travel benefits to employees on vacation such as LTC

17(5)(c) Work contract services when supplied for construction of immovable property exceptwhere it is input service for further supply of works contract service
17(5)(d) Goods or services  received by a taxable person for construction of an immovable property including when they are used for furtherance of business to the extent of capitalization
17(5)(e) Goods or services provided to composition person
17(5)(f) Goods or services received by a non resident taxable person except goods imported by him
17(5)(g) Personal consumption
17(5)(h) Goods lost, stolen, destroyed, written off or disposed off by way of gift or sample
17(5)(i) Any tax paid on the goods confiscated or any levy of penalty

 

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