A company avails ITC (Input Tax Credit) on office

Under GST, credit on furniture is blocked us 175 as its not used for business output services.

furniture purchase. Later, GST auditor disallows it. Is he right to do so, support your answer with relevant principle?

A Yes, Principle of matching Correct Answer Incorrect Answer

B No, Principle of unjust enrichment Correct Answer Incorrect Answer

C No, Negative list under GST Correct Answer Incorrect Answer

D Yes, Blocked credit provisions Correct Answer Incorrect Answer

Solution

Under GST, credit on furniture is blocked u/s 17(5) as it’s not used for business output services.

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