Gst on car purchase and repairing
This query is : Resolved
09 September 2017
Sir, I have 2 Question : 1. Company purchased a New car in the name of Director.
2. Repairing / Service charge is being paid by the company whereas, Director has ownership of this Car
Can we use GST Input credit of the both case?????
2. Repairing / Service charge is being paid by the company whereas, Director has ownership of this Car
Can we use GST Input credit of the both case?????
CMA Ramesh Krishnan
(Expert)
09 September 2017
First case Car purchase in director name, the company cannot take input on that.
2nd case company paying repairs & maintenance- yes, provided the maintenance bills are in the name of company and the car is used for the business purpose of the company
2nd case company paying repairs & maintenance- yes, provided the maintenance bills are in the name of company and the car is used for the business purpose of the company
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