About Input Credit on Motor Vehicle
M.M Sachora (Tax Professional & Advisor) (1421 Points)
25 February 2019
Input Credit on Motor Vehicles available For Business use??
3 Replies
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 25 February 2019
no itc cant be availed on motor vehicle
except
- vehicle purchase for resale as retailer
- for the transportation of employees
- for the transportation of goods (gta)
- for use of training / plying etc
M.M Sachora
(Tax Professional & Advisor)
(1421 Points)
Replied 25 February 2019
Ok thank you Naveen Chand for quick reply
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