CAN I TAKE ITC ON PURCHASE OF TYRES OF COMMERCIAL TRUCK,DUMPER, MACHINES WHICH ARE USED IN MINING BUSINESS
Menu
ITC on Tyres of commercial machine and vehicles
Replies (8)
As per me, if you are using it for transportation of goods you can avail ITC
yes u can take itc
you can avail itc but output tax @ 12%,, without ITC 5 %
Nitin sir they are in mining business and not GTA, then how you are applying these provisions?
okay, then you can avail Itc and collet GST @ 18
I ASKING IN VAT ACT .NOT IN GST ACT
kindly call me for better understanding m-9512947485
thank you and congratulations
Recent Threads
- Tax on sale property (Land)
- Recruitment for Jr.Accountant.
- Refund of tax paid earlier
- WHY and which ITR just to declare company shares ?
- Contribution to political party
- 40+ single CA group
- Interest u/s 234B on updated return u/s 139(8A)
- GST registration documents
- Goods Return of FY 24-25
- Compliance Notice under section 80G
Related Threads
CAclubindia
