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ITC issue
Input tax credit is available on Capital goods for vehicle dealers.....??
Replies (5)
You mean vehicles...?
Please explain yourself for the "Capital Goods" meaning...!
Please explain yourself for the "Capital Goods" meaning...!
input tax credit is available on Capital assets for vehicle dealers...???
I'm a vehicle dealer if I purchased guest house furniture..., on the same may I get ITC....,??
No.... The guest house furniture is treated as self consumption. So, ITC not available except Office Furniture if it's used for furtherance of business...
but sir whatever I purchase exclusively using for office only...,
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