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ITC on Sports Bike
Any person having income from online platform by videos / reels of travelling through bikes. Can he/ she claim ITC on sports bike purchase?
Replies (3)
Quick Summary
No, he is not eligible to avail ITC.
The nature of his business is related to traveling by bike. Still he cannot take ITC on the purchase of bike?
Yes, because the ITC is restricted u/s 17(5) of GST Act.
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