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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.
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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