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in my travel business I purchase the car for my travel agency.i take itc claim amount
Replies (3)
of course sir you can
input tax credit can be claimed over input tax such as
tax on capital goods, inputs and input service but must be used in the business or furtherance of business
input tax credit can be claimed over input tax such as
tax on capital goods, inputs and input service but must be used in the business or furtherance of business
thank you sir for your reply
If you have travel Tour Business : No you cannot claim Input (As per Notification 1/2018 CT (r) Tour operators can claim ITC only inwards supply from other tour operator)
If You have business of Taxi on Hire (Passenger) : can claim ITC only if you charges GST 12% on forward charge.
If You have business of Taxi on Hire (Passenger) : can claim ITC only if you charges GST 12% on forward charge.
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