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Itc on capital asset

This query is : Resolved 
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(Querist)
21 August 2017 I am a composite service provider
I have purhased car and have paid CGST and SGST @ Rs. 39707-58 each . and cess Rs.2836.25
During this month there is no turnover of Service provided.
How can I claim and carry forward the ITC of total Rs.79701.41 in for GSTR 3B
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Arun Gupta

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Arun Gupta (Expert)
21 August 2017 If you have June months credit lying with you
Den u have to file TRAN 1 form in order claim c/f
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Arun Gupta

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Arun Gupta (Expert)
21 August 2017 And
Credit of CAR purchase depend upon type of business you have
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
21 August 2017 ITC is not available for motor vehicles and conveyances except when:

# the vehicle is used for the supply of other vehicles or conveyances
# the rule shall not apply if the vehicle is used for transportation of passengers
# the vehicle is used for imparting training on driving, flying, navigating such vehicle or conveyances
# the vehicle is used for transportation of goods
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Arun Gupta

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Arun Gupta (Expert)
21 August 2017 Exactly 👍
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