Input credit in bike
This query is : Open
25 February 2019
Our business of courier agency
I want to purchase of bike, so can I get input credit on such bike.
I want to purchase of bike, so can I get input credit on such bike.
CA ANUBHAV
(Expert)
25 February 2019
no ITC on bike is not allowed to you..
25 February 2019
But we use this bike for delivery of goods like collect of parcel.distribute of parcels etc, for one place to another and this is our core business.
CA ANUBHAV
(Expert)
25 February 2019
in 17(5) exception word used is transportation of goods i.e. GTA and in your case it is disputed point...need to be clarified by the department... but on the basis of logic behind allowability of such credit to GTA you can apply same logic...
26 February 2019
https://taxguru.in/goods-and-service-tax/itc-bike-scooty.html
Please read this .....
Please read this .....
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
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- Capitalgain tax purposes for valuation report compulsory
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
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
