I have purchased a commercial vehicle for transportation of goods..
plz tell whether ITC will be available of GST paid on purchase of this vehicle.
3 Replies
rocky
(accountant)
(953 Points)
Replied 16 September 2017
only if you are doing transporting or vehicle renting business
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 16 September 2017
Yes. I agreed with Mr Rocky,
ITC available only it's related businesses. Not available ITC for others....
ITC available only it's related businesses. Not available ITC for others....
Sourav Khandelwal
(15 Points)
Replied 16 September 2017
ITC only be available, on furtherance of business
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