Itc on own vehicle
itc is taken on commercial truck purchaseed for moving of own goods
Replies (5)
Quick Summary
Yes if you r collecting freight from your client
No fright collection because it is my truck
Whether you charged freight from your customer?
I am proprietor of HP gas agency and use to truck to distribute gas cylinder
There is no any restriction. You can avail ITC, if your out ward supply is Taxable.
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
Related Topics :
CAclubindia
