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ITC on JCB (excavator) purchased for earning Hire Charges of Same.

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(Querist)
09 February 2023 Sir, We have purchases JCB can we claim its ITC . We are Giving JCB on Rent & Charging GST on Such HIre Charges. Please Help Thank You
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 February 2023 Yes, ITC can be claimed consider it as business.
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
10 February 2023 Since your outward service is taxable you can claim ITC on JCB
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