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ITC on water tanker purchased on loan
water being exempted under GST can I claim full ITC of GST paid on purchase of water tanker ? wether the service of water tanker is chargeable @ 18% please guide me or is fully nil rated.
Replies (3)
have you purchase tanker on loan? for providing water tanker service?
you have exempted party in Gst act. your not eligible itc
pritesh yes I have purchased a water tanker on loan
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