Hi!
Can we take input credit of GST paid on monthly Parking Charges?
My company is an NBFC.
Menu
Gst credit on parking charges
Replies (5)
Yes... Why not...?
The reason for confusion is
Sinch motor vehicle does not qualify for ICT on Capital goods and related services Like Repair, Insurance etc also do not qualify for Input Supply.
and parking charges are primarily for motor vehicles.
No need any Confusion...
You can avail the ITC benefits for the Parking Charges....
And the same way you can avail the ITC benefits for Repairs and Maintenance for Vehicles if you are used in Your business...
no not at all, u cant avail the itc for the above subject
No u cant. Anything u use in course of furtherance of ur business u can take itc. But not for anything u use for ur convenience.
Recent Threads
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
- HSN code for Exempted supplies
- HSN Summary of Outward Supplies (Sales and Advance
- Joint Venture address proof under GST
- Leave encashment exemption limit
Related Threads
CAclubindia
