Raj Thakkar (ARTICLE) (382 Points)
01 November 2023
karalinda
(Digital Marketing)
(22 Points)
Replied 02 November 2023
Registered taxpayers can also claim ITC on services, for instance, housekeeping charges, factory rent, manpower supply, internet services, loading and unloading, mobiles and telephones used for office purposes, bank charges, repair and maintenance, advertisements, advocate fees, expenses on conferences, etc. No, the GST levied on cars cannot be refunded as per the provisions of section 17-5 of the CGST Act. Input Tax Credit cannot be availed for motor vehicles. 2. What are the exceptions when the input tax credit can be availed or GST levied can be refunded If you won't claim the ITC which is auto-populated in Form GSTR 3B then it won't reflect in your Electronic Credit Ledger. However, you can still claim the credit by claiming the ITC in the subsequent months' GST
Raj Thakkar
(ARTICLE)
(382 Points)
Replied 03 November 2023
CAclubindia
