Bakery manufacturing unit has purchased a delivery vehicle for supply of bakery product to various shop (Line supply) Availability of ITC of delivery vehicle.
9 Replies
subhagan sreerangam
(7054 Points)
Replied 06 March 2019
Please more clarification about sec 17+5) of GST Act.
AGNIHOTRAM RAM NARAYANA
(JR EXECUTIVE)
(119 Points)
Replied 06 March 2019
sec 17(5) deals with negative list which means u can not take input on the items specified there in except for specified usage for your reference attaching pdf file pls go though it sir.
nayab
(Sr.Officer Accounts )
(250 Points)
Replied 06 March 2019
not eligible for input tax credit...
subhagan sreerangam
(7054 Points)
Replied 07 March 2019
My question is that can the input tax credit be obtained for delivery vehicle used to distribute the bakery items produced in my company.
Kunal Mittal
(FINANCE OFFICER)
(580 Points)
Replied 07 March 2019
IS IT PRIVATE CAR OR COMMERCIAL. I MEAN IS THE PLATE YELLOW OR WHITE.
RAMA RAJU RAMAIAH
(Advocate-Tax consultants)
(58 Points)
Replied 18 March 2019
if the vehicle is used for the perpose of business it can be claim ITC
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