Gst input credit of purchase of truck (commercial vehicle)
This query is : Resolved
29 June 2018
I am fleet (truck/trailer) owner. We give goods transportation services. and also provide vehicle on monthly fixed rate and charge GST 18% on the same.
I have purchase a new vehicle (truck) and GST charged by dealer. please suggest, can i claim/adjust GST Input against our GST payable?
Please suggest
Best Regards
I have purchase a new vehicle (truck) and GST charged by dealer. please suggest, can i claim/adjust GST Input against our GST payable?
Please suggest
Best Regards
29 June 2018
ITC can be claimed monthly over a period of 5 years.
02 July 2018
Thanks for your valuable suggestion.
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