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
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
Related Threads
CAclubindia
