sir,
in a case of transporter monthly fuel exp is Rs.150000/- Petrol dealer given monthly gst inclusive invocie it can be take input itc?
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GST On Fuel Exp
Replies (4)
Yes you can, because fuel is your case is furtherance of the business.
Does Petrol & Diesel fall under GST or VAT??
None. Its outside GST.
He is a Transporter and fuel is necessary to run the business. he is not using fuel for personal traveling.
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