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ITC Claim
I am running in bakery.I purchased a delivery vehicle for movement of items from bakery to sellers.The input tax credit is avsilable
Replies (7)
input tax credit is not allowed on moter vehicles
but allowed if used for making supplies
Yes, Mr. naveen is right
Not allowed u/s 17(5)
I think ITC can be taken because it is fully used for business purpose for outward supplies.
if they used for business and get on yellow plate they can clime
thank you and cong
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