Shyam Ltd., a registered person, is engaged in the business of spices. It provides following details in relation to GST paid on inward supplies procured by it during the month of March, 2024: S. No. Particulars GST Paid

Answer 2(a) Particulars Amount in Rs. (i) Purchase of raw spices which are sold to customers (Every registered person is entitled to take credit of input tax charged on any supply of goods to him which are used or intended to be used in the course or furtherance of his business.) 80,000 (ii) Purchase of raw spices for personal use of directors (ITC is not available on goods used for personal consumption.) Nil (iii) Electric machinery purchased for being used in the manufacturing process (Every registered person is entitled to take credit of input tax charged on any supply of goods to him which are used or intended to be used in the course of furtherance of his business.) 35,000 (iv) Motor vehicle used for transportation of employee (ITC on motor vehicles for transportation of persons with seating capacity upto 13 person (including the driver) is blocked u/s 17(5). In the given case, since the supplier is in the business of spices, ITC on motor bus use for transportation of the employee is blocked credit assuming the seating capacity is not more than 13 person) Nil (v) Payment made to contractor for construction of staff quarter [ITC is Blocked u/s 17(5) for works contract services when supplied for construction of an immovable property (other than plant and machinery) except where it is an input service for further supply of works contract service) Nil Total ITC 1,15,000 Alternative Answer 2(a) Particulars Amount in Rs. (i) Purchase of raw spices which are sold to customers (Every registered person is entitled to take credit of input tax charged on any supply of goods to him which are used or intended to be used in the course or furtherance of his business.) 80,000 (ii) Purchase of raw spices for personal use of directors (ITC is not available on goods used for personal consumption.) Nil (iii) Electric machinery purchased for being used in the manufacturing process (Every registered person is entitled to take credit of input tax charged on any supply of goods to him which are used or intended to be used in the course of furtherance of his business.) 35,000 (iv) Motor vehicle used for transportation of employee (ITC on motor vehicles for transportation of persons with seating capacity upto 13 person (including the driver) is blocked. In the given case, it is assumed that the motor bus is having a capacity of more than 13 persons, the ITC thereon is available. 55,000 (v) Payment made to contractor for construction of staff quarter [ITC is not available for works contract services when supplied for construction of an immovable property (other than plant and machinery) except where it is an input service for further supply of works contract service) Nil Total ITC 1,70,000