ITC on car purchase
T K Vijith (143 Points)
20 September 2019
We bought a car for our company can we take this itc..?
3 Replies
Sai Prabhu Narayanan
(Articled assitant )
(161 Points)
Replied 20 September 2019
NO its availment of ITC for cars is Blocked Under 17(5) ,You can avail ITC only on vehicles which have seating capacity of 13 or more including the driver
Shivam RC
(Student)
(23683 Points)
Replied 20 September 2019
No...
You cannot avail ITC on Motor Vehicles ( Car ) since it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
You cannot avail ITC on Motor Vehicles ( Car ) since it is specifically BLOCKED U/s 17(5) of the CGST Act 2017.
Anish Todarwal
(Manager)
(22 Points)
Replied 27 November 2019
If we purchase a scooter to use for deliveries in our company. Can we avail ITC
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