can we take input credit of insurance charges and repairs of 7 seater car if they are used for delivering goods to customers and so entered in e way bill
Menu
GST credit of insurance on cars if used for delivering goods
Replies (2)
No, you cannot claim ITC if you used passenger vehicle
it is blocked under section 17(5) since it is a passenger vehicle being a car. you cannot color it as being used for delivering goods.
Recent Threads
- Are AI tools like ChatGPT actually useful for CA w
- UK TAX (HMRC) HELP WITH INVESTIGATIONS, DISPUTES,
- Payment processor not transferring or refunding pa
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
Related Threads
CAclubindia
