ELIGIBLITY OF ITC ON CS LYE TANKERS
This query is : Resolved
K SESHA SAYANA REDDY
(Querist)
21 April 2023
We are manufacturers of C.S Lye and dispatching the goods in tankers to all the states. Now we are in plan to purchase Lye tankers from overseas buyer and the same for using to dispatch the goods to our customers. In this case are we eligible to take ITC on C.S Lye Tankers. Please clarify
CA R SEETHARAMAN
(Expert)
21 April 2023
Yes you are eligible for ITC on tankers as it's used for business
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