we have purchased a new car.
Is GST input allowed on it ?
IF PURPOSES OF THE PURCHASED CAR ARE ONE OF THE FOLLOWING :
- Such motor vehicles and conveyances are further supplied i.e. sold
- Transport of passengers
- used for imparting training on driving, flying, navigating such vehicle or conveyances
- Transportation of goods
THEN ONLY ITC CAN BE AVAILED
CAclubindia
