Menu
ITC on vehicle
May I take ITC for the vehicle we have purchased for delivering the goods to party from our end to their?
Replies (5)
If it is used only for transportation of goods, ITC can be claimed.
Yes you can take credit
if business Purpose you can
but motor car / vehicle ITC can not bw taken as per section 17. but once again confirm from GST expat.
ITC will be available when the vehicle is used for the following.
a) Supply of other vehicles or conveyances
If you are in the business of supplying cars then ITC will be available.
b) Transportation of Goods/Passenger
c) Imparting training on driving, flying, navigating such vehicle or conveyances
d) Transportation of goods
a) Supply of other vehicles or conveyances
If you are in the business of supplying cars then ITC will be available.
b) Transportation of Goods/Passenger
c) Imparting training on driving, flying, navigating such vehicle or conveyances
d) Transportation of goods
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
