Itc on car & car insurance
This query is : Open
05 December 2017
Dear Experts,
We are manufacturer Pvt. Ltd. company & purchased a car for up-down of staff for daily uses.
Can we claim ITC of GST paid on car purchase & Insurance.
Please advise.
Regards,
Rakesh Sharma
We are manufacturer Pvt. Ltd. company & purchased a car for up-down of staff for daily uses.
Can we claim ITC of GST paid on car purchase & Insurance.
Please advise.
Regards,
Rakesh Sharma
05 December 2017
No ITC available on cars used for transportation of staff.
Message likes :
1 times
05 December 2017
Yes I agreed to Mr Udaya Chandran...
ITC not available for above said way....
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Query regarding reporting of exempt foreign remuneration in ITR
- Correction in TDS return New Traces Portal
- TDS refund Indemnity Bond
- PF wage ceiling
- F&O reporting in ITR
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
