Input tax credit
This query is : Resolved
11 November 2017
Dear Experts
Kindly advise the Input Tax Credit is eligible or not for the followings
1. Company Vehicle Maintenance
2. Building Maintenence
3. Rent a cab
Kindly advise the Input Tax Credit is eligible or not for the followings
1. Company Vehicle Maintenance
2. Building Maintenence
3. Rent a cab
12 November 2017
1.Yes
2. Yes
3.No
Message likes :
1 times
16 May 2018
1. Company Vehicle Maintenance - Not eligible. ITC is not eligible in respect of motor vehicle unless it is used for transportation of goods or transportation of passengers.
2. Building Maintenance - Eligible, provided it is NOT capitalized
3. Rent a cab - Not eligible.
2. Building Maintenance - Eligible, provided it is NOT capitalized
3. Rent a cab - Not eligible.
16 May 2018
ITC available for repairs and maintenance of vehicles as per above...
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