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ITC eligible?
I am registered dealer in GST act my inward and outward supplies are Taxable I bought four wheeler auto (Ashoke Leyland) in my Enterprise name with GST for carrying goods shall I take take ITC for the same? Experts pls clarify Thanks.
Replies (4)
Quick Summary
If it's commercial vehicles, used for transportation Goods (Its Goods carriage auto, not Passanger vehicle ) than you can take ITC of same.
Thanks for your valuable replay sir
If primary intention of it's use is carriage of good than yes you can benefit of ITC.
Yes you can take itc
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