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availability of ITC

Kirti Jindal (20 Points)

07 August 2019

why itc is not available on car

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4 Replies

Yogesh Gupta (143 Points)
Replied 07 August 2019

because of sec 17(5) block credit

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Shivam RC (Student) (23683 Points)
Replied 07 August 2019

ITC is BLOCKED on Motor Vehicles u/s 17(5) of the CGST Act 2017 with few exceptions...

There's no specific reason from the Government side regarding the same.

Since it's written in LAW, you have to follow it...

Warm Regards...

2 Like

subhagan sreerangam (7040 Points)
Replied 11 August 2019

good clarification and information

Shivam RC (Student) (23683 Points)
Replied 11 August 2019

Respected Subhagan Sreerangam Sir,

It has been noticed for a couple of weeks that you are constantly posting the comment "GOOD CLARIFICATION AND INFORMATION " , for increasing your points. Kindly answer the question asked by the querist without just writing "good clarification and information"..

Please abide the rules and regulations of this group. All the members, employees, executives of caclubindia are trying their level best to make this app as the Best Professional Application.

I have no intention to hurt you Sir..

Thank You.

Warm Regards.