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ITC on vehicle insurance

ITC / Input 711 views 6 replies

can we claim itc on vehicle insurance which are used in line if business

Replies (6)
if vehicle is used in the business for hiring/leasing
like logistics business
For what purpose vehicle is being used? If it is used for transportation of goods then YES. Else NO. However if the same are being used for the purpose mentioned in 17 (5)(a)(i) then also it can be claimed
In My View...
Not available ITC except transportation business
In My View...
Not available ITC except transportation business
no sir


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