In terms of Section 17(5) of CGST Act, Blocked credit means the inward supply of goods or services on which ITC :

CS Executive · Tax Laws · PYQS · December 2023
In terms of Section 17(5) of CGST Act, Blocked credit means the inward supply of goods or services on which ITC :
(A) Shall be allowed provisionally
(B) Shall be allowed fully
(C) Shall not be allowed forever
(D) Shall not be allowed provisionally

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: GST

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