Itc on vehicle can be claimed
Pawan Gupta (401 Points)
04 October 2021Pawan Gupta (401 Points)
04 October 2021
Rajendra Prasad
(Employee Private)
(1846 Points)
Replied 04 October 2021
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 04 October 2021
The school can claim ITC on the GST paid on the car. ITC will be allowed on motor vehicles (and other conveyances) used to transport goods from one place to another. However, this is concerning other transporters and not goods transport agencies (GTA).
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)