Dear experts,
if I am going buy a new car for business purpose shall I take ITC of the GST. plz suggest me
Mukesh Garg
(18 Points)
Replied 21 November 2021
sabyasachi mukherjee
(26043 Points)
Replied 22 November 2021
Akshay Bhat
(Tax Consultant)
(20 Points)
Replied 27 November 2021
Can anyone here solve my issue.
https://www.caclubindia.com/forum/gst-refund-under-no-change-in-pos-583383.asp
Akshay Bhat
(Tax Consultant)
(20 Points)
Replied 27 November 2021
Can anyone here solve my issue.
https://www.caclubindia.com/forum/gst-refund-under-no-change-in-pos-583383.asp
Harish varun
(8 Points)
Replied 20 May 2022
The GST on cars and motorcycles is kept within the 28% threshold, and the Indian government has also announced a list of cess to be paid on various types of automobiles. Cess has been imposed on several types of vehicles, ranging from 1% to 15%. You can claim ITC for GST paid on the acquisition of motor vehicles such as a car if you are in the passenger transportation industry.
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