Dear sir/Madam,
My Boss is Purchased Car on behalf Company Name in October 2020 That inovoice is including IGST and Cess. is it eligible for ITC . Can I claim it now?
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Is it Eligible for ITC
Replies (4)
No
You can not claim ITC on Car
You can not claim ITC on Car
Thank you Sir , Thank you for your Reply
It is blocked as per Section 17(5) of CGST Act, 2017.
You can claim it only if it is for purposes as written in the above mentioned section.
You can claim it only if it is for purposes as written in the above mentioned section.
NO you cannot claim ITC on car
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