Menu
ITC on rental charges of cabs for employees
The company has rented a vehicle which is further rented out to employee . Whether gst input is available on the rental charges paid by the company ?
Replies (4)
No. It is blocked credit covered under section 17(5)
Yes I agreed with Mr. Siddharth,
The said ITC is blocked as per sec 17(5) of GST act...
The said ITC is blocked as per sec 17(5) of GST act...
No available
blocked under 17(5)(b)(i) of CGST Act
Input tax credit can be availed provided the line of business is deviated.
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
