Ineligible ITC on Vehicle
This query is : Resolved
kazimohmad masaud
(Querist)
11 May 2020
Hello,
I have a two query related Ineligible ITC on Vehicle.
1st Query: Can GTA claim ITC on purchase of vehicle for transmission of goods ?
2nd Query: If any company purchase a vehicle for their company's goods moving one godown to other.Can it claim ITC.
I have a two query related Ineligible ITC on Vehicle.
1st Query: Can GTA claim ITC on purchase of vehicle for transmission of goods ?
2nd Query: If any company purchase a vehicle for their company's goods moving one godown to other.Can it claim ITC.
CA R SEETHARAMAN
(Expert)
11 May 2020
1 GTA can't claim ITC if he is not charging 12% GST.
2 yes, company can claim ITC on vehicle purchase in such a case.
2 yes, company can claim ITC on vehicle purchase in such a case.
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