ITC on train or bus tickets

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 24 December 2019

Yes... If ITC is available for the travellings.

Krishna

Manager - Genesis Tax Consultant

531 Points Posted on 24 December 2019

Yes ITC available on Official trips, but company Pay Train ticket or bus ticket to his employees for vacation, ITC is not available. please refer sec 17(5).

SOWJANYA M

840 Points Posted on 24 December 2019

Travelling for official purpose, company is paying ticket charge, ITC is available

Krishna

Manager - Genesis Tax Consultant

531 Points Posted on 24 December 2019

Yes you can avail ITC

SOWJANYA M

840 Points Posted on 24 December 2019

Thank you raja sir
thank you krishna sir

Shivam RC

Student

23688 Points Posted on 24 December 2019

Yes, you can avail ITC since used in the course or furtherance of Business. Just ensure that all the FOUR CONDITIONS as laid down under Section 16(2) of the CGST Act 2017 is satisfied before claiming it in your GSTR-3B Return.

Manish Sharma

2 Points Posted on 01 May 2023

Travelling for official purpose, company is paying ticket charge of Train ticket or bus ticket to his employees,

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