Menu
Availability of input tax credit
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
Replies (3)
Is that tanker used for furtherance of business.
The tanker used for purchasing the petrol and diesel from the supplier
No ITC is available to a petrol pump other than lubricant purchase.
Recent Threads
- Turnover limit for goods & service
- Conversion of old B2Cs invoices to B2B
- Tax implications on brokerage
- Showing f&O loss and intraday profit in ITR
- REBATE RECEIVED FROM FOREIGN PARTY AFTER MAKING PA
- How to fill in csv file for Schedule 112A
- Gst 2a and Gst 3b difference
- What happens if a taxpayer forgets to file ITR but
- ITR 2 / Schedule FA / Income tax
- Best CA Office Management Software Tools for 2025
Related Threads
CAclubindia
