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INPUT TAX CREDIT

26 June 2018

One of my client have a truck, for transport his goods, but he does not operate transport business, now he change the truck tyres, can he get the input tax credit on purchase of tyres??

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3 Replies

Sarath Rajendran (Nil) (2791 Points)
Replied 26 June 2018

If the truck used for business purpose (for any) you can claim input tax credit

1 Like

Vinod Babu (24196 Points)
Replied 26 June 2018

The Vehicle's repairs and Maintenance related GST Tax will be available for ITC...
No more restriction for taking ITC for Repairs and Maintenance charges for the Motor Vehicles..

2 Like

Christano Ronaldo (2 Points)
Replied 27 June 2018

Most of the people They do the business and they know the tactics of it. I also have a business and then many of them, they know about it. but my suggestion is that Asus customer service will help to know more information about the topic if you want then browse it and know it.