Punto Ltd. procured the following goods in the month of January: Inward Supplies S. No. Particulars GST (₹) (1) Goods used in constructing an…

Computation of amount of ITC available for the month of January S. No. Particulars GST (₹) (1) Goods used in construction of additional floor of office building [ITC on goods received by a taxable person for construction of an immovable property on his own account is blocked even if the same is used in the course or furtherance of business.] Nil (2) Trucks used for transportation of inputs in the factory [ITC on motor vehicles used for transportation of goods is not blocked.] 11,000 (3) Inputs used in trial runs [Being used in trial runs, inputs are used in the course or furtherance of business and hence ITC thereon is allowed.] 8,350 (4) Confectionary items for consumption of employees working in the factory [ITC on food or beverages is blocked unless the same is used in same line of business or as an element of the taxable composite or mixed supply. Further, ITC on goods and/or service used for personal consumption is blocked.] Nil (5) Cement used for making foundation and structural support to plant and machinery [ITC on goods used for construction of plant and machinery is not blocked. Plant and machinery includes foundation and structural supports through which the same is fixed to earth.] 9,550 Total eligible ITC 28,900