Car accessories itc availe or not
This query is : Resolved
19 December 2018
Dear Experts,
we are using a company car & purchased car accessories, in this case, we can take ITC avail or not.
we are using a company car & purchased car accessories, in this case, we can take ITC avail or not.
19 December 2018
GST input credit is not available unless used for transportation of goods or passengers in the travel business or giving driving training.
19 December 2018
Hi tamil arasan, As per section 17(5) of CGST Act, input tax credit will not be available in respect of motor vehicles and other conveyances, except
01. when such motor vehicles or other conveyances are supplied further, or
02. used for transportation of passengers or giving training on driving, flying, navigating such vehicles or conveyances or
03. used for transportation of goods.
If you are a car dealer , Transport operator then you can avail input tax credit. Hope you can understand.
01. when such motor vehicles or other conveyances are supplied further, or
02. used for transportation of passengers or giving training on driving, flying, navigating such vehicles or conveyances or
03. used for transportation of goods.
If you are a car dealer , Transport operator then you can avail input tax credit. Hope you can understand.
20 December 2018
Dear Kathir,
Thanks a lot.
Thanks a lot.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Regarding appeal to GSTAT
- Copyright software
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
