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ITC on Truck

ITC / Input 274 views 4 replies
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CA Practice
76 Points Posted on 03 September 2018
A manufacturer bought a truck for transportation of finished goods for the purpose of supply to its customers. Whether ITC on purchase of truck is eligible ?
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On 03 September 2018 at 13:44 Report
Replies (4)
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intern
2216 Points Posted on 03 September 2018

Yes, ITC is available since it is used as transportation

1 Reply
On 03 September 2018 at 13:54
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GST Practitioner
55067 Points Posted on 03 September 2018
Yes , ITC can be claim..
1 Reply
On 03 September 2018 at 14:58
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Student
23693 Points Posted on 03 September 2018
Yes. He is eligible to take ITC on Purchase of Truck since used for Transportation of Goods which is not Blocked u/s 17(5).
1 Reply
On 03 September 2018 at 17:39
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24196 Points Posted on 03 September 2018
Yes, ITC can be claimed as it is used for furtherance of business.
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On 03 September 2018 at 18:26


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