CAN I TAKE ITC ON PURCHASE OF TYRES OF COMMERCIAL TRUCK,DUMPER, MACHINES WHICH ARE USED IN MINING BUSINESS
8 Replies
Prajwal Shetty
(Artical Assistent)
(237 Points)
Replied 22 January 2019
As per me, if you are using it for transportation of goods you can avail ITC
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 22 January 2019
you can avail itc but output tax @ 12%,, without ITC 5 %
Aashish Bansal
(Article)
(698 Points)
Replied 22 January 2019
Nitin sir they are in mining business and not GTA, then how you are applying these provisions?
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 22 January 2019
okay, then you can avail Itc and collet GST @ 18
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 24 January 2019
kindly call me for better understanding m-9512947485
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