Related to ITC
Chetan Dabhi (6 Points)
03 February 2021
If Any fish merchant buy a truck for transport of goods( fish) then it will be eligible for itc ?
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86485 Points)
Replied 03 February 2021
No as supply of fish is exempted. Such ITc is blocked u/s 17(3)
Chetan Dabhi
(6 Points)
Replied 07 February 2021
Suppose if supply any taxable products and buy a truck and used for transpo of goods then it will eligible for itc
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