Sec 17(5)

This query is : Resolved

HARISH BHATIA (Querist)
Follow

05 November 2019 Dear Sir / madam,

we are having one firm doing business in the nature of FMCG products trading ,
we can use for internal transfer or vehicles will be used for transportation of goods to customers,
can i use ITC for the purchase of that vehicle ..

CA Anita Bhadra

CA Anita Bhadra (Expert)
Follow

05 November 2019 Yes ,
As per GST Amendment Act, 2018 which is applicable from 1st February 2019

If Motor vehicles are used for the purpose of transportation that the Taxpayer without any further clarification must take the benefit of ITCC

Message likes : 1 times