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input GST on vehicle purchased on company name



we purchases two wheeler on company name for company work. can i take input for the same full amount in september month. as for depreciation i should not take on gst amount paid. is it correct. pls guide me. thanks
 
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practitioner

If engine capacity is more than 25 cubic centimeter, then u are not eligible to take the credit.

If it is less than 25 cc, u can take the credit

 
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"Do the Right Thing...!!!"

ITC not available for the purchase of Two Wheeler as per sec 17(5).

You ll book total values under Fixed Asset and Claim Depreciation.

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