ITC claim on Transport service
This query is : Resolved
Subodh Kumar
(Querist)
03 May 2024
Dear All,
I have query regarding the ITC. we are providing the services as GTA with 12% GST on output services.
But vendor has charged the GST 18% under (hiring of vehicle).
please advise, can I claim the ITC? there is gap (6%) input vs output services.
your prompt response would be highly appreciated.
thanks
I have query regarding the ITC. we are providing the services as GTA with 12% GST on output services.
But vendor has charged the GST 18% under (hiring of vehicle).
please advise, can I claim the ITC? there is gap (6%) input vs output services.
your prompt response would be highly appreciated.
thanks
04 May 2024
Yes you can avail ITC , as in Section 17(5) ITC is blocked for Motor Vehicle subject to some relaxation.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
