ITC ON CAR

Can we claim ITC on Car?
Replies (6)
Originally posted by : vaishali K
Can we claim ITC on Car?

 

No....

Originally posted by : vaishali K
Can we claim ITC on Car?

 

Who is "Can We"...?

Give details

As professional working as a Singer, bought car.
u/s 17(5)a , those who are transporting the good through vehicle , Supply of Same goods i.e further sale or car (used for furtherance of business ) can avail the Input tax.

for other business ,ITC on car is not allowed.
Originally posted by : vaishali K
As professional working as a Singer, bought car.

 

I think it's personal use then ITC not available...

It is blocked credit u/s 17(5)

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