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Can i claim itc for scooty purchase on company name

ITC / Input 354 views 4 replies

i want to buy a scooty on company name can i avail ITC benifit? 

Replies (4)
U can't claim ITC on purchase of scooty.. Because ur business is not on same line.. Means ur business is not that purchasing and selling of scoties

for any other assistance mail us at meghna @ syla.in

But i am purchasing this for marketing use

u can't take credit as scooty falls under motor vehcile definition in motor vehicles act and such credit is blocked as per sec 17(5)


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