I AM BUS OWNER PROVIDING PASSENGER TRANSPORT SERVICE THROUGH E COMMERCE OPERATOR.
E COMMERCE OPERATOR PAYS 5% GST U/S 9(5).
I HAVE PURCHASED 4 NEW BUSES FOR MAKING ABOVE MENTIONED SERVICE.
CAN I CLAIM ITC ON PURCHASE OF BUS?
PLS REPLY WITH SOURCE OF INFORMATION.
Yes, you claim the ITC on Purchase of Buses since you are providing Transport Services. ITC is not blocked U/S 17(5)
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
