My GST is taken on work contract, transport service and trading. I bought a scorpio on november 23rd. His GST input is visible on the portal, will his ITC claim be taken?
As per my opinion, if you have purchase vehicle for transport business then you taken ITC because of used for furtherance of business.. but it is used for personal purpose then you can't taken ITC. you have to booked in your aseest and get depreciation as well..
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CAclubindia
