Gst itc credit on Cargo Car
Sadik Shaikh (ca) (52 Points)
07 October 2020
is itc available on Cargo car purchase for transportation of goods by medical stores firm.
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 October 2020
Yes, if it's transportation vehicle then You can avail ITC.
Shivam RC
(Student)
(23683 Points)
Replied 07 October 2020
Yes, ITC is available since the Motor Vehicle is being used for "transportation of goods." Kindly ensure that all the four conditions as laid down u/s 16(2) of the CGST Act 2017 for claiming ITC has been satisfied before claiming ITC.
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