Availability of ITC on Truck

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2 Points Posted on 13 May 2018
I purchased Truck on say 01.03.2018
for use in my factory for transportation of raw materials within factory. This is obhiously a non freight earning vehicle. Am I eligible for ITC on such purchase of Truck.
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On 13 May 2018 at 17:37 Report
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GST Practitioner
55067 Points Posted on 13 May 2018
Yes You can avail ITC
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On 13 May 2018 at 17:41
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Chartered Accountant
86505 Points Posted on 13 May 2018
You can claim ITC on it...
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On 13 May 2018 at 17:50

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