my Firm Rgester Under Company Act
we are purchase New Car for Director transporting
my Query is we are Allow Claim ITC Purchase Car Invoice Tax or Not
kindly Guide me
,
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ITC Claim
Replies (4)
No...
You can't claim ITC...
You can't claim ITC...
Hello Mr Gaurav,
You cannot claim ITC...
input tax credit restriction given in section 17 of cgst act. motor car input tax credit is not allowed in general but allowed in few specified conditions. please refer the section for more clarity.
thanks for your reply
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