ITC Allowed for Truck
P.KANNIYAPPAN VAT/INCOME TAX P (MBA) (26 Points)
18 November 2020
ITC Allowed for Truck - company purpose of delivery the goods
3 Replies
Shivam RC
(Student)
(23683 Points)
Replied 18 November 2020
Yes Sir ITC would be allowed on GST paid on Purchase of Truck since it is being used for Transportation of Goods...
Vijayprakash P
(1313 Points)
Replied 19 November 2020
U/s17(5) (a)(ii), ITC shall be allowed in respect of motor vehicles and other conveyances used for transportation of goods
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