Input Tax credit
This query is : Resolved
03 October 2019
Sir if private limited company purchased car for use of company's work can gst benefit will received or not?
In this case if we received depreciation benefits under Income tax act then we are not taking benefits of Gst .
But, if vehicle setting capacity is below 10 person then can we taken GST tax benefits?
In this case if we received depreciation benefits under Income tax act then we are not taking benefits of Gst .
But, if vehicle setting capacity is below 10 person then can we taken GST tax benefits?
03 October 2019
GST tax benefit not available on cars.
03 October 2019
ok thank You sir but sir depreciation received or not under Income tax Act
03 October 2019
You can charge depreciation including GST under income tax Act.
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