GST input on Vehicle Maintenance and Repairs.
This query is : Resolved
11 November 2022
Sir / madam, our company is having BMW car. We have sent the car for repairing due to accident.
Repairs charges approxmately 3.6 Lakhs GST is around 1.00 Lakhs @ 28%.
We can take the GST input credit of Rs.1.00 Lakh.
Car is used by the director.
Any one please reply urgently
Repairs charges approxmately 3.6 Lakhs GST is around 1.00 Lakhs @ 28%.
We can take the GST input credit of Rs.1.00 Lakh.
Car is used by the director.
Any one please reply urgently
11 November 2022
Car purchase and repairs and maintenance will fall under blocked credit.
ITC can't be taken.
ITC can't be taken.
Message likes :
1 times
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- Journal entry of busniess expenses
- GST not cancelled by tenant
- FORM 141 SDV query
- Form 140 tds
- 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
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
