GST REFUND FOR COMMERCIAL VEiCHLE CAPACITY MORE THAN 13 SEATS

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F.C.
31 Points Posted on 21 March 2021

I have Travel Agency Business and I purchased 1 bus. It's capacity in more than 13 seats. Will I get refund of GST paid by me on Capital Good Purchase ?

Please help me.

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On 21 March 2021 at 10:04 Report
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Quick Summary
If you run a travel agency and have purchased a bus with more than 13 seats, you may be wondering about GST refunds. While you can typically avail Input Tax Credit (ITC) on capital goods purchases, a direct refund of the GST paid on the vehicle itself is generally not possible.

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229 Points Posted on 21 March 2021
You can avail ITC but you can't get refund of gst
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On 21 March 2021 at 12:22
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Chartered Accountant
24588 Points Posted on 21 March 2021
Agree with mohit
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On 21 March 2021 at 12:35

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