my clint is propreitorship firm for CONTRACTOR and he was a purchase dumper for material supply
I can take itc ?
plz reply
ITC ON MOTOR VEHICLES
Replies (4)
Quick Summary
You can take itc provided your outward supply is taxable.
Yes, you may be able to avail ITC in this case.
Yes you can claim ITC, because as per sec. 17 (5), ITC is available on vehicles used for supply of goods and materials.
Input Tax Credit ( ITC) used for "transportation of goods" is not Blocked u/s 17(5) clause (a) of the CGST Act 2017. Hence you can claim ITC provided all the four conditions as laid down u/s 16(2) of the CGST Act 2017 is satisfied.
Regards.
Regards.
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