my company bought a 2 wheeler for the transport og produced goods. is it elegible for vat input?
Shailey
Shailey
(Accountant)
(22 Points)
Replied 07 January 2016
my company bought a 2 wheeler for the transport og produced goods. is it elegible for vat input?
Shailey
chandra sekar
(Manager-Accounts)
(387 Points)
Replied 12 January 2016
No. ITC credit can be availed only agst capital goods like machinery.
sumit kumar
(Business)
(4 Points)
Replied 11 November 2018
sumit kumar
(Business)
(4 Points)
Replied 11 November 2018
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)