ITC issue
manju mogri (62 Points)
12 December 2017
Input tax credit is available on Capital goods for vehicle dealers.....??
5 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 December 2017
You mean vehicles...?
Please explain yourself for the "Capital Goods" meaning...!
Please explain yourself for the "Capital Goods" meaning...!
manju mogri
(62 Points)
Replied 12 December 2017
input tax credit is available on Capital assets for vehicle dealers...???
manju mogri
(62 Points)
Replied 12 December 2017
I'm a vehicle dealer if I purchased guest house furniture..., on the same may I get ITC....,??
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 December 2017
No.... The guest house furniture is treated as self consumption. So, ITC not available except Office Furniture if it's used for furtherance of business...
manju mogri
(62 Points)
Replied 12 December 2017
but sir whatever I purchase exclusively using for office only...,
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