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Input tax claim undet 5%
Dear Sir, we are engage in business of running buses on hire and self owend as tour, travel, individual and company employee service and charge 5% tax i.e. 2.5 % cgst and 2.5 % sgst. in sac 9966. Can we claim input tax credit on goods and services uses in that service, or gst paid on purchase of new vehicle i.e. bus, car etc.
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tour operator 5% no itc
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