Input tax credit on tempo or truck purchases

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19 Points Posted on 20 February 2018

If tempo or truck purchases for business use, input tax credit available or not

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On 20 February 2018 at 09:36 Report
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hisar
26 Points Posted on 20 February 2018
Yes, if the vehicle is essential part of your business.
For e.g. GTA, cab company, Hyundai showroom
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On 20 February 2018 at 10:43
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PROFESSIONAL
1777 Points Posted on 20 February 2018

Any vehicle when used for transportation of goods,  itc is available. Mere use for business is not enough. Pl refer to section 17(5)(a)(ii).

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On 20 February 2018 at 10:47
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Accounts Manager
1466 Points Posted on 20 February 2018

PLS TELL US WHAT TYPE OF YOOUR BUSINESS AND WHAT IS THE  USE  OF  VEHICLE 

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On 20 February 2018 at 12:14

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