On transportion

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ALWAR
32 Points Posted on 06 January 2020
Kya transporter ke case m truck purchase ka itc le sakte h good transport karta h truck purchase in 18-19 and supply 12 % rate se charge karta h bilty pe
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On 06 January 2020 at 22:23 Report
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Quick Summary
This discussion clarifies whether transporters can claim Input Tax Credit (ITC) on truck purchases. The consensus is yes, provided the individual is in the transportation business and charges GST at the applicable rate (e.g., 12%). This allows businesses to recover GST paid on vehicle acquisition.

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18 Points Posted on 06 January 2020
Yes, why not. further opinion is required
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On 06 January 2020 at 22:51
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GST Practitioner
55067 Points Posted on 06 January 2020
Haan no aap ITC ley saktey ho kyun ki :
1. you are in transportation business.
2 You are charging GST 12% FC
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On 06 January 2020 at 23:43

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