A petrol pump dealer is inquiring about claiming GST input tax credit (ITC) on the purchase of a tanker intended for transporting petrol and diesel. However, since petrol and diesel are exempt from GST, the supply of these fuels is considered non-taxable. Consequently, the dealer will not be able to claim ITC on the purchase of the tanker.
17 July 2020
There is petrol pump dealer he wants to purchase tanker for supply of petrol and diesel Can heClaim GST on purchase of truck Tanker is used for the purchase of Petrol and Diesel