GST - REFUND OF GST PAID ON PURCHASE OF TRUCK TO TTRANSPORTERS

This discussion addresses how transporters can claim a refund or credit for GST paid on truck purchases. While direct refunds might not be available, transporters have two main options. They can claim Input Tax Credit (ITC) and depreciation on the taxable value, or forgo ITC and claim depreciation on the full invoice value. For personalised guidance, contact mrgstconsultancy@gmail.com.