Whether ITC is available to a regd dealer when he pays GST 5% to another Regd Dealer for using cab taken on rent for giving it to it's clents
10 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 11 September 2017
In my View...
ITC not available for the above said query....
ITC not available for the above said query....
AK SHARMA
(C.A.)
(110 Points)
Replied 11 September 2017
I think ITC should be available as services are being used by same category of regd dealer
AK SHARMA
(C.A.)
(110 Points)
Replied 11 September 2017
I think ITC should be available as services are being used by same category of regd dealer
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 11 September 2017
I think Yes. If same category.... Otherwise no way...
Rahul Goyal
(28 Points)
Replied 11 September 2017
under section 17 sub section(5), there is no ITC on Rent a Cab services except where,
when we using the same for outward service for same category .
when we using the same for outward service for same category .
Nishit Agarwal
(23 Points)
Replied 11 September 2017
Yes offcourse ITC will be available.
GST biggest advantage is credit system.
It is used for business purpose so therefore ITC will be available just provide your GSTIN to dealer and avail ITC
Nishit Agarwal
(23 Points)
Replied 12 September 2017
Sorry I commented on wrong post.
ITC on Cab rent is not available
ITC on Cab rent is not available
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