Hi,
I wanted to know whether a buyer can buy the car in his name and claim GST input in his firm name or not????
kindly clarify with an example.
Ajay Kumar
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Can gst input on cars sold in individual name be taken by his partnership firm ???
Replies (1)
No not possible...
ITC on Motor Vehicles is BLOCKED u/s 17(5) of the CGST Act 2017.
Due date for filing FORM GSTR-3B for the month of July 2019 has been extended to 22.08.2019. Notification awaited.
ITC on Motor Vehicles is BLOCKED u/s 17(5) of the CGST Act 2017.
Due date for filing FORM GSTR-3B for the month of July 2019 has been extended to 22.08.2019. Notification awaited.
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