can we tack ITC of vehicle used for movement of cash from shop to bank
we are in retail industry. and having huge cash balance on daily basis
5 Replies
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 10 June 2020
No you cannot .... As it's block U/S 17(5).
Note : For banks ITC is available subject to conditions prescribed in Section 17(4) of CGST Act
Note : For banks ITC is available subject to conditions prescribed in Section 17(4) of CGST Act
Recent Topics
- Property capital gain, Bought in 2002 and sold in
- TDS Implication on Expensing Off Unrecovered Invoi
- Where can i Declare landlord share in GSTR-1
- Change of name on physical share certificates of P
- Workmen compensation insurance policy
- GST Revenue at All-Time High - A Genuine Growth or
- TDS On Purchase of Property by Firm
- Gst missing invoice in return
- Discuss and Download CA Inter Question Paper May 2
- Discuss and Download CA Final Question Paper May 2
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
