My firm is registered under sole proprietorship.
I have purchased two wheeler for my field boy.Can I claim ITC for GST paid on purchase of scooter?
Can i claim itc for gst paid on purchase of scooter
Replies (4)
Yes.You can claim itc .
yes, but if it used for the purpose of your business, trade
Do I need to maintain any special record?
I mean how do I show that it's used for business purposes and not for personal use?
you mentioned that it is to be used by your field boy, you must maintain a Vehicle Log Book for this and for all your other vehicles which are used in trade / business.
you have to record Meter Readings, Fuel expenses for each vehicle in separate log books.
you have to record Meter Readings, Fuel expenses for each vehicle in separate log books.
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