Itc against motor car
This query is : Resolved
30 June 2018
I am purchase a motor car Rs 1180000/- Input CGST 90000 & Input SGST 9000 in this Input credit is avail or not avail
30 June 2018
ITC not available unless it is used for:
1) Further supply of such vehicles or conveyances
2) transportation of passengers
3) imparting training on driving, flying, navigating such vehicle or conveyances
4) transportation of goods.
Refer section 17(5)(a) of CGST Act 2017.
1) Further supply of such vehicles or conveyances
2) transportation of passengers
3) imparting training on driving, flying, navigating such vehicle or conveyances
4) transportation of goods.
Refer section 17(5)(a) of CGST Act 2017.
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