Menu
INPUT TAX CREDIT
I have purchased a car and rented it for some months and I am collecting GST and deducting TDS on car rented, now is it possible take ITC on GST paid at the time of purchase of car
Replies (1)
Not allowed as per sec 17(5) except some exceptions. Your case not covered in exceptions, so not allowed.
Recent Threads
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
- HSN code for Exempted supplies
- HSN Summary of Outward Supplies (Sales and Advance
- Joint Venture address proof under GST
- Leave encashment exemption limit
Related Threads
CAclubindia
