“I’ll leave it for now” means that you will not deal with, take or decide something at present. It works in workplace conversations and is also natural in a shop: after considering an item, the sentence sounds less blunt than “I don’t want it”.
The key is “for now”, meaning until some future point. You may change your mind later, although the sentence does not promise that you will return. If a shop assistant asks, “Would you like me to put it aside?”, you can reply, “No thanks, I’ll leave it for now.” The tone is calm, polite and ordinary in Australian conversation.
Source: https://dictionary.cambridge.org/dictionary/english/for-now
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