Block Credit - Goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples [section 17(5)(h)]

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..... Transit loss , Store Loss, Processed Loss If ITC Taken - Reversed the ITC or add in output tax liability in GSTR-3B when any of the above scenarios happen. If ITC not Taken - Do not take it. Written off or disposed of by way of gift or free samples - Free sample to unrelated person will not subject to GST, but ITC will have to be reversed. Free sample gi .....

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..... receiving the inspection certificate, their customer reject some quantity of goods on ground of quality. As per agreement the reject quantity will be destroyed in front of customer and shall not be sold. In that case, as per section 17(5)(h), ITC is blocked in respect of destroyed goods Accordingly, since in the given case the cement pipe have been destroyed, ITC attributable to such pip .....

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..... 17(5)(h) of the CGST Act, 2017. No tax is payable on clearance of physician samples distributed free of cost as the value of supply is zero and no credit has been availed. [ refer to FAQ Qus. 2 by CBIC on Drug and pharmaceuticals ] - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.c .....

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