🎯 Blocked Credit under Section 17(5) | GST Explained in 8 Minutes 🚫💰...!!! скачать в хорошем качестве

🎯 Blocked Credit under Section 17(5) | GST Explained in 8 Minutes 🚫💰...!!!

In this 8-minute video, we simplify one of the most crucial concepts in GST – **Blocked Input Tax Credit (ITC) under Section 17(5) of the CGST Act, 2017**. 🚦 Many taxpayers unknowingly claim ITC on expenses that are *not eligible**, which may later lead to **notices, penalties, and interest**. This video gives you a **clear and practical understanding* of blocked credits so that you stay compliant and avoid costly mistakes. ✅ 👉 *What you’ll learn in this video:* ✨ What is Blocked ITC under GST ❓ ✨ Detailed explanation of *Section 17(5)* 🚫 ✨ Common items where ITC is not allowed (motor vehicles, food & beverages, construction, works contract, etc.) 🏗️🚗🍴 ✨ Practical examples for easy understanding 📊 ✨ Key judicial pronouncements and interpretations ⚖️ ✨ Tips for *avoiding wrong ITC claims* and ensuring proper compliance 📌 This short and crisp explanation is *perfect for CA students, accountants, GST practitioners, and business owners* who want to strengthen their GST knowledge in a **simple and practical way**. 📚 *💡 Stay tuned till the end for a quick summary & practical takeaways!* 👉 If you found this useful, don’t forget to *Like 👍, Share 🔄, and Subscribe 🔔* to GST India Daily for more *practical insights on GST, Income Tax, and Compliance.* #GST #BlockedCredit #Section17_5 #InputTaxCredit #CGST #GSTIndiaDaily