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**BCOM / BBA Students**
Welcome to **GST Chapter 9 – Input Tax Credit (Part 2)**.
In this video, we will discuss **Section 17 of the CGST Act**, which deals with **Apportionment of Credit and Blocked Credits**, in a simple and exam-oriented manner.
This topic is extremely important for GST examinations and is frequently asked in both **theory and practical questions**.
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# **Topics Covered in This Lecture**
### **1⃣ Quick Revision of Input Tax Credit (ITC)**
* Meaning of ITC
* Conditions for claiming ITC
* Importance of ITC in GST
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### **2⃣ Section 17 – Apportionment of Credit**
Credit used for business and non-business purposes
Credit used for taxable and exempt supplies
Proportionate reversal of ITC
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### **3⃣ Blocked Credits [Section 17(5)]**
Motor Vehicles
Food & Beverages
Outdoor Catering
Beauty Treatment
Health Services
Membership of Clubs
Travel Benefits to Employees
Works Contract Services
Goods Lost, Stolen, Destroyed or Gifted
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### **4⃣ Exceptions to Blocked Credit**
Situations where ITC is allowed
Important provisions and exemptions
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### **5⃣ Practical Examples**
* Easy examples for understanding blocked credit
* Real-life GST scenarios
* Exam-oriented illustrations
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### **6⃣ Important Exam Questions**
Frequently asked theory questions
Conceptual questions based on Section 17
Practical GST cases
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# **Who Should Watch This Video?**
BCom Students
BBA Students
GST Learners
Commerce Students preparing for exams
Beginners in GST
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# **Why This Lecture is Important?**
Frequently Asked Exam Topic
Important GST Provision
Helps in Understanding ITC Restrictions
Covers Section 17 Completely
Exam-Oriented Explanation
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