Input credit

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article assistant
54 Points Posted on 29 December 2020
can i take input credit of engine oil purchased for my machines. please guide?
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On 29 December 2020 at 13:47 Report
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Quick Summary
This discussion clarifies whether engine oil purchased for business machinery qualifies for input tax credit. The consensus is yes, provided the purchase is for business purposes and is correctly mentioned in your GST registration.

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Chartered Accountant
494 Points Posted on 29 December 2020
Yes u can take
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On 29 December 2020 at 15:05
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STUDENT
1631 Points Posted on 29 December 2020
For ur business purpose mention in ur GST registeration , you can claim
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On 29 December 2020 at 20:39

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