ITC related query
This query is : Resolved
Quick Summary
26 March 2020
If carrying out business of reselling bislery water. purchased vehicle on Gst business name and used for transportation of goods. In such case can we take ITC of vehicle gst paid at time of purchased.
CA R SEETHARAMAN
(Expert)
27 March 2020
Yes ITC can be claimed on such vehicle used for transportation over a period of 60 months.
17 April 2020
Can we claim this vehicle full 100 % ITC at one time in gstr-3b?
CA R SEETHARAMAN
(Expert)
17 April 2020
No claim ITC over a period of 60 months.
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