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 Topics :
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
Related Topics :
CAclubindia
