Under GST, the Input Tax Credit (ITC) mechanism enables businesses to offset taxes paid on inputs against output liability, ensuring seamless tax flow and working capital efficiency. However, to prevent misuse, Section 17(5) of the CGST Act, 2017 outlines cases where ITC is blocked—termed as "Blocked Credit." These disallowances apply even when purchases are for business use. Blocked ... https://www.skmcglobal.com/blog/blocked-credit-under-gst