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The best place to start your Business!

  • Start your Business
    • Private Limited Company
    • LLP
    • Partnership Firm
    • Proprietorship
  • Recruitment
  • Registrations
    • GST Registration
    • IEC Registration (IEC Code)
    • MSME Registration
    • Start up India Registration
  • Accounting
    • Outsourced Accounting
    • Offshore Accounting
  • Compliance
    • GST Returns
    • Income Tax Returns
    • TDS Returns
    • AOC 4
    • MGT 7
    • LLP Form 11
    • LLP Form 8
    • Add Director in a Private Limited Company
    • Remove Director in a Private Limited Company
    • Appointment of a Designated Partner-Partner in an LLP
    • Change of Name of a Company
    • Change of Name of an LLP
    • Retirement of a Designated Partner-Partner in an LLP
    • Registered Office Change of Company
    • Registered Office Change of LLP
    • Closing a Private Limited Company
    • Closing an LLP
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Blocked credits

HomeTag:Blocked credits

What are Blocked Credits under GST? Simple Explanation ahead!


  • 17th November 2020 24th November 2020 By CA Rishav Daga
  • GST
GST is based on the principle of Value addition where a taxpayer is allowed to Set-Off all GST paid on Purchases of goods, services, etc. against his liability of Sale of Goods or services. However, there are certain expenses/purchases on which credit of GST paid is denied. Such expenses/purchases are called Blocked Credits. In...
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