Gst itc credit on Cargo Car

is itc available on Cargo car purchase for transportation of goods by medical stores firm.
Replies (3)
Quick Summary
Yes, Input Tax Credit (ITC) is generally available on the purchase of cargo cars if they are used for the transportation of goods by a medical store firm. This is because the vehicle is considered a transportation vehicle. However, it's crucial to ensure that all four conditions under Section 16(2) of the CGST Act 2017 are met before claiming the ITC.

Yes, if it's transportation vehicle then You can avail ITC.
Yes, ITC is available since the Motor Vehicle is being used for "transportation of goods." Kindly ensure that all the four conditions as laid down u/s 16(2) of the CGST Act 2017 for claiming ITC has been satisfied before claiming ITC.
Yes itc is available.

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