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ITC on Activa
so for safer side you should not claim itc
Yes, you can take ITC. Although it's under blocked credit u/s 17(5), however there is exception under which you can get ITC
According to me if the capital good is used for making the taxable outward supply then on that capital good input tax credit can be claimed . Here it is used to claimed for making the taxable outward supply in the course or furtherance of the business.
According to me if the capital good is used for making the taxable outward supply then on that capital good input tax credit can be claimed . Here it is used to claimed for making the taxable outward supply in the course or furtherance of the business.
yes, itc available since sec 17(5) allows conveyance used for
1. Further Supply of such vehicle
2. Transportation of psssengers
3. transporting of goods
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