Vechial taken for company driector so we take GST input for same
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Vehicle GST input
Replies (6)
No, you can't refer 17(5)
No you can not take GST input even if the motor vehicle is used for business purpose.
Section 17 sub 5 of CGST act 2017 not allowed input tax credit on Motor vehicles
No you can't
in books
Take input & reverse as ineligible under section 17(5)
show same as in 3b
(As your supplier has issued you a B2b bill you have add once in ITC & reverse under 17(5))
in books
Take input & reverse as ineligible under section 17(5)
show same as in 3b
(As your supplier has issued you a B2b bill you have add once in ITC & reverse under 17(5))
Yes follow Pankaj sir suggestion.
Thanks Vinod ji
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