Menu
Cenvat credit
Whether Cenvat Credit can be taken on car insurance premium paid used for business purpose?
Replies (3)
Does car is owned by the SP? Is it utilized only for the business?
Yes.It Is utilized for business.Car as well as the insurance is taken in the name of director.Than can the cenvat credit be utilized?
Not allowed.
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
