05/06/2026
💡 A common GST mistake many businesses make? Claiming ITC on expenses that aren't actually eligible.
Expenses like gifts, club memberships, employee travel benefits, and certain insurance policies fall under blocked credits and cannot be claimed as Input Tax Credit.
Understanding these rules can help you avoid unnecessary reversals, interest, and compliance hassles later.
✅ Check your expenses carefully.
✅ Claim only eligible ITC.
✅ Stay compliant and stress-free.
