Menu
ITC on car purchase
We bought a car for our company can we take this itc..?
Replies (3)
NO its availment of ITC for cars is Blocked Under 17(5) ,You can avail ITC only on vehicles which have seating capacity of 13 or more including the driver
No...
You cannot avail ITC on Motor Vehicles ( Car ) since it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
You cannot avail ITC on Motor Vehicles ( Car ) since it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
If we purchase a scooter to use for deliveries in our company. Can we avail ITC
Recent Threads
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
Related Threads
CAclubindia
