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 Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
