Gst on purchase of bus
This query is : Open
18 November 2017
Sir,
We have purchased a 28 seater bus which will be used for staff transportation of our client. We are a travel agent providing staff transportation to various companies.
I want to know can I claim input tax credit on my bus purchase
We have purchased a 28 seater bus which will be used for staff transportation of our client. We are a travel agent providing staff transportation to various companies.
I want to know can I claim input tax credit on my bus purchase
CA R SEETHARAMAN
(Expert)
18 November 2017
ITC can be claimed on bus purchase provided you charge GST on such transport.
18 November 2017
Yes... You can claim ITC for the purchase of buses. It's used in furtherance of business...
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