Partner - Audit & Assistance
4825 Points
Joined December 2018
Agree with Rahul, Dipesh, Vinod. ITC on 2 wheelers to be seen on par with 4 wheelers. If ITC on goods not eligible, ancillary services credit (insurance, repairs) also not eligible & vice versa.
Other ITC conditions - Ensure valid tax invoice, receipt of goods, GSTR 2A/2B reflection, full payment to vendor and filing of GSTR 3B.