rent a cab


CharteredAccountant

Purchased cab for providing rent a cab facility. Can i claim ITC ??
 
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Student

No....

ITC on Motor Vehicles is Blocked u/s 17(5) of the CGST Act 2017.

Hence you cannot claim ITC on cab purchased for providing Rent a Cab facility.

Regards.

Total likes : 1 times

 
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yes u can avail ITC. because u purchase cab for business purpose.but you can not charge deppreation on GST.
 
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