Input credit on Capital Goods

ITC / Input 238 views 1 replies
I am registered under gst (proprietorship) as i give my buses on hire basis to companies. I have purchased a tempo traveller (vehicle to carry passengers) I give tempo travellers on hire.

In this regard I have following queries:-

1. Can I claim Tax credit or refund on gst on Tempo traveller purchased as it is input tax paid on purchase?

2. if yes, kindly tell the procedure to claim the same.

I shall be highly obliged if you could reply to this mail as soon as possible. 
Replies (1)
yes you can.....to tell you procedure I first need to know whether you have purchased the vehicle before 1st July or after 1st July and whether you are registered under service tax before gst.??


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