Itc on commercial vehicle purchase by transport
This query is : Resolved
25 April 2019
Transporter charge the outward Supply @ 5% GST. They want to purchase Commercial Passenger Vehicle. Is he can get the ITC on purchase of vehicle? Please guide for the same.
25 April 2019
ITC on purchase of vehicle is admissible if , it is used for transportation of passengers .
It is not blocked credit under sec 17(5) of the Act
.
It is not blocked credit under sec 17(5) of the Act
.
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