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ITC ON GOODS CARRYING TRUCKS
sir I have purchased the goods carrying trucks and paid 28%gst is it possible to claim ITC
Replies (9)
yes , if you used the truck for forward charged of invoice.
i attached truck to parcel company and the company is not paying us any type of taxes
Are you GTA or Transporter ??
i attached truck to parcel company and the company is not paying us any type of taxes
I am a transporter
| Originally posted by : Shamu p | ||
 |
i attached truck to parcel company and the company is not paying us any type of taxes |  |
DEAR SHAMPU
ITS EXEMPTED AS PER NOTIFICATION 12/2017 CT (R) , IF YOU ARE TRANSPORTER
& AS PER NOTIFICATION 13/2017 CT (RC) IF YOU ARE GTA THAN YOUR SERVICES ARE UNDER RCM & RECIPIENT IS LIABLE TO DEPOSIT GST
NOTE : AS PER NOTIFICATION 20/2017 CT (R) IF YOU ARE GTA & CHARGING 12% ON BILL THAN RECIPIENT IS LIABLE TO PAY YOU GST AS HE CAN CLAIM ITC ON SAME
If truck is used only for movment of goods of self business only, then GST on truck and its repair are available or not as ITC
NO................
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