Sec 17(5)
This query is : Resolved
05 November 2019
Dear Sir / madam,
we are having one firm doing business in the nature of FMCG products trading ,
we can use for internal transfer or vehicles will be used for transportation of goods to customers,
can i use ITC for the purchase of that vehicle ..
we are having one firm doing business in the nature of FMCG products trading ,
we can use for internal transfer or vehicles will be used for transportation of goods to customers,
can i use ITC for the purchase of that vehicle ..
05 November 2019
Yes ,
As per GST Amendment Act, 2018 which is applicable from 1st February 2019
If Motor vehicles are used for the purpose of transportation that the Taxpayer without any further clarification must take the benefit of ITCC
As per GST Amendment Act, 2018 which is applicable from 1st February 2019
If Motor vehicles are used for the purpose of transportation that the Taxpayer without any further clarification must take the benefit of ITCC
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