3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86490 Points)
Replied 13 May 2018
Allowed only if car used for purpose of business....
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 13 May 2018
ITC is available only when vehicle is used in following condition
(A) Deals in further supply of such vehicles or
(B) transportation of passengers; or
(C) imparting training on driving, flying, navigating such vehicles
or conveyances;
(ii) for transportation of goods;
43 of 1961.
(A) Deals in further supply of such vehicles or
(B) transportation of passengers; or
(C) imparting training on driving, flying, navigating such vehicles
or conveyances;
(ii) for transportation of goods;
43 of 1961.
CA Rashmi Gandhi
(Chartered Accountant)
(86490 Points)
Replied 14 May 2018
But here tyres are purchased not motor vehicles.. N
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