Itc
This query is : Resolved
15 May 2019
One of the Firm is registered under GST having a business of Manufacturing of Wooden Cases. They have purchased one Commercial Vehicle for their business purpose and is in the furtherance of business. Can they get ITC on the same?
15 May 2019
Dear Sir
As per section 17(5) of CGST Act, Input Tax Credit is blocked on the Motor Vehicles and conveyances.
So you can't clain ITC on purchase of Motor Vehicles.
Thanks
CA Shankit Sharma
Mob. No. - +91-9079367736
As per section 17(5) of CGST Act, Input Tax Credit is blocked on the Motor Vehicles and conveyances.
So you can't clain ITC on purchase of Motor Vehicles.
Thanks
CA Shankit Sharma
Mob. No. - +91-9079367736
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