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GST on new car puchased

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treatment of GST on new car purchased
Replies (6)
depends on purpose of purchase

NO INPUT ON NEW CAR 

ITC is not available for motor vehicles and conveyances.

EXCEPT 

a) Supply of other vehicles or conveyances

b) Transportation of passengers

c) Imparting training on driving, flying, navigating such vehicle or conveyances

d) Transportation of goods

Capitilised whole amount of Car(Including GST) and claim Depreciation for all cases Except which define in section 17(5) as follows;

a) Supply of other vehicles or conveyances b) Transportation of passengers c) Imparting training on driving, flying, navigating such vehicle or conveyances d) Transportation of goods

 

NO INPUT ON NEW CAR 

ITC is not available for motor vehicles and conveyances.

EXCEPT 

a) Supply of other vehicles or conveyances

b) Transportation of passengers

c) Imparting training on driving, flying, navigating such vehicle or conveyances

d) Transportation of goods
Yes no ITC for purchase of new car.


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