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ITC on truck


Himanshu (Student CA Final )     03 May 2019

Himanshu
Student CA Final  
 1 likes  51 points

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Private Ltd company using own purchased trucks for movement of goods from factory to depots or to selling points .....

Can it claim ITC on purchase of those trucks

also comment about insurance and other maintenance expenses like service charges relating to those trucks.

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Pankaj Rawat (GST Practitioner)     03 May 2019

Pankaj Rawat
GST Practitioner 
 3136 likes  41912 points

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Yes you can avail ITC on truck & related expenses

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pritesh (CA Final student)     03 May 2019

pritesh
CA Final student 
 386 likes  7022 points

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yes you can claim

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Shivam RC (Student)     04 May 2019

Shivam RC
Student 
 1668 likes  13675 points

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Yes...

ITC can be claimed for Motor Vehicles used for transportation of goods..

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