Client hv purchased a auto (4wheel bolero) for supplying cement bags
can he claim ITC ?
No. The purpose of the restrictive clause is to make input tax credit restricted only to commercial use.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171180 Points)
Replied 30 June 2018
No. The purpose of the restrictive clause is to make input tax credit restricted only to commercial use.
nikhil bhudolia
(CA FINAL)
(109 Points)
Replied 30 June 2018
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 30 June 2018
If You RC in person base can not use for commercial and can not take itc
santhosh
(accountant)
(128 Points)
Replied 30 June 2018
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 30 June 2018
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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