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Availability of input tax credit

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accounts
383 Points Posted on 04 June 2023
I am working at petrol pump as GST applicable on lubricants? We purchased tyres for tankers from registered party against a bilI Will I get input tax credit of this or not??? please elaborate
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On 04 June 2023 at 22:18 Report
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Profession Business
28207 Points Posted on 05 June 2023
Is that tanker used for furtherance of business.
44 Reply
On 05 June 2023 at 09:06
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accounts
383 Points Posted on 05 June 2023
The tanker used for purchasing the petrol and diesel from the supplier
2 Reply
On 05 June 2023 at 14:23
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M Com FCS LLB M-AIMA
14046 Points Posted on 05 June 2023

No ITC is available to a petrol pump other than lubricant purchase.

14 Reply
On 05 June 2023 at 15:03


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