https://www.taxtmi.com/article/detailed?id=12624 The article criticises blocked input tax credit under sub section 5 of section 17 of the CGST Act as a major barrier to seamless ITC flow, noting that it denies credit for many business purpose expenditures (including motor vehicles and reverse charge supplies). While some amendments and circulars have provided partial relief, the author challenges the logic of blocking ITC on mandatory CSR spend via a non obstante clause and urges removal of the provision or elimination of curbs that contradict seamless credit flow where inputs and input services meet statutory definitions. en-us Tue, 21 May 2024 10:23:30 +0530 Tue, 21 May 2024 10:23:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12624 The article criticises blocked input tax credit under sub section 5 of section 17 of the CGST Act as a major barrier to seamless ITC flow, noting that it denies credit for many business purpose expenditures (including motor vehicles and reverse charge supplies). While some amendments and circulars have provided partial relief, the author challenges the logic of blocking ITC on mandatory CSR spend via a non obstante clause and urges removal of the provision or elimination of curbs that contradict seamless credit flow where inputs and input services meet statutory definitions. Articles Goods and Services Tax - GST Tue, 21 May 2024 10:23:30 +0530 https://www.taxtmi.com/article/detailed?id=12624