Circular No. 241/35/2024-GST F. No. CBIC-20001/14/2024-GST 

• It has been clarified that ITC can be claimed when the goods are handed over to the transporter by the supplier if the transfer occurs as per the recipient's direction. This is deemed as "receipt" of goods under the CGST Act, even if the goods are physically received later.
• Further It is also to be noted that if the goods are found to have been diverted for non-business purposes at any stage, either before physically receiving the said goods at his business premises or subsequently, the registered person shall not be entitled to input tax credit on such goods. 
• Further, if at any time after “receiving” the goods, such goods are lost, stolen, destroyed, written off or disposed of by way of gift or free samples, the registered person would not be entitled to the input tax credit in respect of such goods