Itc
This query is : Resolved
06 October 2017
I have purchased a vehicle for transportation of goods I.e to make line sale.whether I am eligible for the ITC on vehicle purchased?
06 October 2017
As per the provisions of ITC, ITC on motor vehicles can only be claimed if such motor vehicle is used for transportation of goods or passengers. If motor vehicle purchased by you is to be used for transportation of goods you are eligible for ITC.
06 October 2017
Yes...
You can use the ITC if you are using in your business...
You can use the ITC if you are using in your business...
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