GST onTyres purchased for car of the proprietor which is used for business purpose also- ITC is allowed or Not ?
Menu
ITC on vehicle maintenance
Replies (4)
If Car under fixed assets then you can claim other wise Not eligible
It s not eligible at all
Any ITC on expenditure related to cars is not eligible avail.
Expressly blocked u/s 17(5)
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
