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Input tax cases to cab service provider

Adarsha Sharma Hosabale (73 Points)

17 November 2018

Shall we claim Input tax by cab service provider, if it is same line

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6 Replies

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 18 November 2018

As per Notification 11/2017 CT (r)
yes , if you are charing 12% on forward charge, but if you are charging 5% , then cannot claim itc

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Adarsha Sharma Hosabale (73 Points)
Replied 18 November 2018

If we charge 5% on service, shall we claim input on only same line of business like travel to travel (they charge also 5% na so shall we claim or not)?

BASKARAN (SR.ACCOUNTS OFFICER) (100 Points)
Replied 18 November 2018

if your nature of business travel you can claim the ITC....

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 19 November 2018

@ Adarsha
As per Notification 1/2018
yes can be claim in case of tour operator

Credit of input service in the same line of business (i.e. tour operator service procured from another tour Operator)” the ITC can avail