we are supplying River Sand
to L&T supply @ 5% GST ...
now my point is
we are purchased 5 trucks for carrying River sand
from river to L&T work place...
28% GST paid on each truck...
now we can avail GST input on purchase of trucks... which are used for goods transport vehicle...
waiting for reply...
thanks in advance
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ITC on Goods transport Truck
Replies (8)
Yes... You can claim Input Tax Credit for the Purchase of Sand...
no...
I am not asking about sand.....
ITC on trucks purchase
I am not asking about sand.....
ITC on trucks purchase
Hello...
I'm also said about Truck...
I'm also said about Truck...
Oh Sorry Dear... It's typical mistake in my 1st reply... You can avail the ITC benefits for the purchase of Truck...
Yes Sir...
You can avail INPUT TAX CREDIT ( ITC ) on Motor Trucks purchased as it is being used in the course or furtherance of business i.e. for transportation of Goods.
Hence, this credit is not blocked u/s 17(5) of CHAR Act 2017.
Go ahead and claim ITC.
You can avail INPUT TAX CREDIT ( ITC ) on Motor Trucks purchased as it is being used in the course or furtherance of business i.e. for transportation of Goods.
Hence, this credit is not blocked u/s 17(5) of CHAR Act 2017.
Go ahead and claim ITC.
thanks for reply
Your most welcome Sir...
My question - One Register sand supplier sales River sand (5% Gst ) in owned commercial vehicles . He claim ITC on vehicles purchase ?
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