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gst input credit of dumper purchased
pl advise, whether input credit is available for gst on dumper purchased
Replies (2)
ITC Credit solution depends on underlying facts.
Where the dumpers are used for transportation of goods by the following:
- transportation service provider under 12% option
- logistics service provider
- manufacturers/ job worker
- shamiana / outdoor catering contractor, event manager,
- mining
- contractor, builder, developer
- courier/ e-commerce.....
The spares, services, lubricants, repair etc also would be available.
Yes,
50% in first year, balance in next year
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