Input credit in bike
This query is : Open
25 February 2019
Our business of courier agency
I want to purchase of bike, so can I get input credit on such bike.
I want to purchase of bike, so can I get input credit on such bike.
25 February 2019
no ITC on bike is not allowed to you..
25 February 2019
But we use this bike for delivery of goods like collect of parcel.distribute of parcels etc, for one place to another and this is our core business.
25 February 2019
in 17(5) exception word used is transportation of goods i.e. GTA and in your case it is disputed point...need to be clarified by the department... but on the basis of logic behind allowability of such credit to GTA you can apply same logic...
26 February 2019
https://taxguru.in/goods-and-service-tax/itc-bike-scooty.html
Please read this .....
Please read this .....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Refund SB005 Error
- Notice u/s.148- Asstt.Year 2015-2016
- Invoice Numbers WROGLY ENTERED
- TDS on purchase of value vouchers for employees ?
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
