https://www.taxtmi.com/caselaws?id=420330 Input tax credit under GST was examined for goods and input services procured for a sales promotion scheme. Section 16 permits credit only for inputs used in the course or furtherance of business, but section 17(5) bars credit where goods or services are used for personal consumption, or where goods are given as gifts or free samples. The reward items and travel benefits distributed to retailers on achievement of targets were treated as benefits supplied without consideration, and the evidence did not show that their cost formed part of the taxable outward supply. Credit was therefore held inadmissible and the denial of input tax credit was affirmed. en-us Wed, 23 Feb 2022 00:00:00 +0530 Wed, 02 Apr 2025 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420330 Input tax credit under GST was examined for goods and input services procured for a sales promotion scheme. Section 16 permits credit only for inputs used in the course or furtherance of business, but section 17(5) bars credit where goods or services are used for personal consumption, or where goods are given as gifts or free samples. The reward items and travel benefits distributed to retailers on achievement of targets were treated as benefits supplied without consideration, and the evidence did not show that their cost formed part of the taxable outward supply. Credit was therefore held inadmissible and the denial of input tax credit was affirmed. Case-Laws GST Wed, 23 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420330