ITC Bus sevices to employee
DARSHIT SHAH (1 Points)
12 March 2018y and factory to home
for that we have hired bus from transport agency . transport agency raise bill with 12% gst. we have paid full amount
can we avail ITC on it
DARSHIT SHAH (1 Points)
12 March 2018
abhilash
(student)
(411 Points)
Replied 12 March 2018
No you cannot claim itc on transportation facility provided to employees as per section 17(5)(a) which deals with the blocked credits
Vinayak Hegde
(CA)
(154 Points)
Replied 12 March 2018
GST paid on Motor vehicles & conveyances is not available as input credit. It is a blocked credit. Only person in the business of transportation or similar business can claim ITC on motor cars/convayance expenses.
Vijay Pawar
(41 Points)
Replied 14 March 2018
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)