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Depreciation On Tyres

This query is : Resolved 

29 January 2022 SIR/ MAM
We are the transporter and having few vehicles and we had also started the trading business for tyres in the same name under GST.
At the year end, after the usage of tyres for our trucks, the tyres for trading were available in stock.
Will the Depreciation applicable in both nature of transactions?
Just for a clarification so as to account all as proper.
Kindly please advice me
Thanks in adv


29 January 2022 Depreciation cannot be claimed on stock in trade!!!



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