Input credit on assets(truck vehicle)
This query is : Resolved
15 March 2019
Dear Sir,
I have purchase truck vehicle for Factory transportation work. Input GST credit can be availe. Please advise.
I have purchase truck vehicle for Factory transportation work. Input GST credit can be availe. Please advise.
15 March 2019
Yes, You van can avail the CGST Act 2017 Sec. 17(5) (a) doesn't block the credit of motar vehicles and other conveyances when they are used for transportation of goods.
15 March 2019
Yes
You can avail ITC
As per Section 17 (5)( ii) of CGST Act
Input credit on motor vehicles and other conveyances can not be availed except when they are used
for transportation of Goods
You can avail ITC
As per Section 17 (5)( ii) of CGST Act
Input credit on motor vehicles and other conveyances can not be availed except when they are used
for transportation of Goods
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
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- TAN for Partnership
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Free lancer income
- Last year TDS Claim
- TDS related Query_Liquidated Damages
- LTCG for Assmt year 26-27
- Long Term Service award taxability in hands of company
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
