Rohit Singhal (Student) (26 Points)
30 July 2019
Shorya
(CA Article)
(105 Points)
Replied 30 July 2019
Look, if you can claim ITC on such vehicle, you can claim GST Input on repairs & maintenance, or insurance, or any related expenses ON SUCH VEHICLE.
Conditions to be met:
1. Vehicle of 13 persons capacity (including driver)
2. Used for
(i) Transportation of passengers, or
(ii) Transportation of goods, or
(iii) Imparting motor training/driving services
3. Used for "business purpose" only.
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 31 July 2019
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 31 July 2019
CAclubindia
