Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Input tax credit

shailesh (ca student) (296 Points)

13 March 2018

I am air condition installation and repair service provider. i purchased Moter Cycle for business purpose. will ITC available ?

Reply
Follow
Share

6 Replies

suresh (ca) (37 Points)
Replied 13 March 2018

yes you can avail the benefit of itc

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 13 March 2018

No u can't avail ITC , as per section 17(5)

Rohitkhan (BIMS) (80 Points)
Replied 13 March 2018

ITC is not available for motor vehicles and conveyances

Aashish Sachdeva (839 Points)
Replied 15 March 2018

No you can't avail ITC On motor vehicles....

Its my personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: its not Professional Advice.

shailesh (ca student) (296 Points)
Replied 15 March 2018

i purchased specially for my provide service

Upgrade to CAclubindia Pro. Subscribe Now!

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 16 March 2018

yes, even though u can't , the section 17(5) not allows

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

Trending Online Classes

Certification Course on GST Invoice Management System (IMS)

CA Pratibha Goyal

Enroll Now

28 November 2024
Certificate course on Income Taxation of Indians in the US

Saniya Mushrif

Enroll Now

30 November 2024
Basics of UAE Corporate Tax and VAT(With Recording)

CA Mohd Asim

Enroll Now

07 December 2024

Input tax credit

6 Replies

Online GST Certification Course

Leave a reply

Recent Topics

Related Threads

Popular Discussion

Trending Online Classes

Subscribe to the latest topics :

Search Forum: