Is any manufacturer can take input credit on purchase of Transport vehicle spares. The vehicle use for only goods transporting to the customers
Sumanth Kumar G (Asst. Manager) (58 Points)
26 February 2018Is any manufacturer can take input credit on purchase of Transport vehicle spares. The vehicle use for only goods transporting to the customers
RAMESH KUMAR SINGLA
(PROFESSIONAL)
(1777 Points)
Replied 26 February 2018
THE RECEIPT OF SPARES APPEARS TO BE IN THE COURSE OF BUSINESS. THE ITC IS ADMISSIBLE.