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.
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
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
