Dear Experts,
please help, and let me know the reason behind non availability of ITC on motor vehicles.
thanks
Nadeem
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logic/Reason behind ITC not available on rent a cab/taxi
Replies (2)
If it is A for personal use itc not available , however if service or cab has been taken for related bushiness then ITC will be allow.
Dear Mohd Nadeem
Because of unreasonable , that's why in new amendment act 31 of 2018 , it was inserted that if the vehicle with capacity .of 13 person for transportation of person the ITC is available.
Because of unreasonable , that's why in new amendment act 31 of 2018 , it was inserted that if the vehicle with capacity .of 13 person for transportation of person the ITC is available.
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