Menu
Shall we claim ITC on Repairs & insurance
Sir, goods vehicle is in the name of firm we paid insurance and Repairs & maintenance charge to registered person shall I claim that Gst amount in that levied invoice as ITC
Replies (3)
Yes... You can claim that ITC for Repairs and maintenance charges....
noooo .. you cant claim ITC
ITC is not available on goods or service received by registered person for construction ( also add repair ,alteraton ,renovation,)of an imovable property other than plant and machinery even no ITC ALSO when it is use for business
refer 17(5) (D) cgst act
ITC is not available on goods or service received by registered person for construction ( also add repair ,alteraton ,renovation,)of an imovable property other than plant and machinery even no ITC ALSO when it is use for business
refer 17(5) (D) cgst act
oh sorry
in goods vehicle case you can claim ITC on repair majntenace insurance
in goods vehicle case you can claim ITC on repair majntenace insurance
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
