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ITC refund in case of commercial vehicle purchase

ITC / Input 824 views 3 replies
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Co-Founder of Sublime Associates
256 Points Posted on 02 November 2019
Last month my friend purchase a Truck and the company files the return of ITC on his Gst portal and his threshold limit below 20 lack can he file such return for refund input in his account like TDS or not?
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On 02 November 2019 at 13:10 Report
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"Do the Right Thing...!!!"
128147 Points Posted on 02 November 2019
Is Your friend registered under GST...??
463 Reply
On 02 November 2019 at 14:21
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Co-Founder of Sublime Associates
256 Points Posted on 02 November 2019
Yes ragular taxpayer
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On 02 November 2019 at 15:37
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"Do the Right Thing...!!!"
128147 Points Posted on 02 November 2019
Refund not available.
But, He can claim ITC if use the vehicle for transportation of goods...

Note : If registered under GST then GST provisions applicable to as per registration without considering the Turn Over...
463 Reply
On 02 November 2019 at 15:49


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