Bakery manufacturing unit has purchased a delivery vehicle for supply of bakery product to various shop (Line supply) Availability of ITC of delivery vehicle.
Menu
ITC of Vehicles
Replies (9)
u can take input
please refer secc.17(5) of gst act
Please more clarification about sec 17+5) of GST Act.
sec 17(5) deals with negative list which means u can not take input on the items specified there in except for specified usage for your reference attaching pdf file pls go though it sir.
not eligible for input tax credit...
My question is that can the input tax credit be obtained for delivery vehicle used to distribute the bakery items produced in my company.
IS IT PRIVATE CAR OR COMMERCIAL. I MEAN IS THE PLATE YELLOW OR WHITE.
Yellow plate
if the vehicle is used for the perpose of business it can be claim ITC
Recent Threads
- Luxury premium car - Lease or Loan
- Income tax act 40 A (3)
- Transmission of deceased's shares in physical form
- Shall I pay GST payment for unkonwnly cancelled in
- Error in GSTR1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
Related Threads
CAclubindia
