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Laoding vehicle gst
a manufacturer want to buy loading vehicle for his business purpose whether he is eligible for tacking credit of gst of loading vehicle
Replies (4)
Yes, if it's other than passenger vehicles (i.e Goods Carriage vehicle or other loading/unloading vehicle) which is used by manufacturer is his factory or for transportation of Goods than ITC is allowed.
In your case, You can claim ITC.
In your case, You can claim ITC.
Yes... ITC available.
Yes ITC is available.
Input Tax Credit ( ITC ) would be available in the hands of the recipient if it is being used for "Transportation of Goods".
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