Abc pvt ltd company has purchase a tempo for transportation of goods.
The company engaged in printing and supply of raw paper.
Can he will take the ITC or not on tempo purchase.
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ITC can be claimed or not
Replies (5)
Yes you take ITC if tempo is in company name and van must registered commercial vehicle
you can't take ITC if you doing hotel business
you can't take ITC if you doing hotel business
Yes, you can take ITC
As per conversation with cbec customer care ITC cannot be claimed becoz it is used personal i.e., for company purpose. Hence ITC cannot be claim.
If am using tempo for hiring purpose to another then it will be claim as a ITC.
Thank u very much for your suggestions. I really appreciate your time. Thanks
If am using tempo for hiring purpose to another then it will be claim as a ITC.
Thank u very much for your suggestions. I really appreciate your time. Thanks
plz share CBEC Customer Care number
For personal use of any car,van, tempo or any motor vehicles if they in company name you can't take ITC purchase of the vehicle or maintenance of the vehicle .
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