itc on JCB

m.prasad (B.Com) (134 Points)

23 September 2018

i am retail trading in fertilizer business, i have purchased JCB can i claim ITC on JCB

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5 Replies

Gulshan Agrawal (Student Others) (122 Points)
Replied 23 September 2018

No as per section 17(5) of cgst

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 23 September 2018

Can you clarify why you purchase the JCB ??? if its being used in your business yes definitely you can claim ITC

Vinod Babu (24196 Points)
Replied 23 September 2018

Could you please mention your nature of business?

m.prasad (B.Com) (134 Points)
Replied 23 September 2018

JCB for business purposes

Vinod Babu (24196 Points)
Replied 23 September 2018

If used for business purpose then ITC can be claimed.

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