Itc
This query is : Open
Sabita Sahoo
(Querist)
26 November 2017
A person purchased a vehicle/truck for transportation of goods.whether ITC available? Sec17(5) denies ITC in motor vehicle but allows ITC on vehicle purchased for transportation if goods.
CA Rashmi Gandhi
(Expert)
26 November 2017
Yes you can claim ITC for same as it is for furtherance of business....
Message likes :
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27 November 2017
Yes... I agreed to Ms Rashmi Gandhi.,
You can claim ITC for purchase of vehicles for using furtherance of business (for Transportation of Goods)
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