Assessee is a Partnership Firm bought Tata Ace for transportation of bakery items , my query is weather ITC on same can be claimed .
also assessee is supplying exempted goods so what would be impact on ITC if available.
Menu
ITC on Motor Vehicle used for transportation of Goods
Replies (1)
As per the clarification by gst council the transport which are included in transportation of goods , the assessee owns the transport can avail the itc.
Recent Threads
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
- Amt of LTCG required to be reinvested on house pro
- Charity Commissioner of Maharashtra site error
- GST under my personal name
Related Threads
CAclubindia
