RENT FOR BUS
venkoba shivapur (78 Points)
02 March 2020
Sir, Company arranged Bus for Employees (daily Shift wise pickup & drop) ITC AVAILABLE ?
4 Replies
SANVARIYA PATIDAR
(NO)
(30 Points)
Replied 02 March 2020
No ITC is available it is under block credit as per section 17(5) of CGST act
CA CS LAVESH VASYANI
(PARTNER)
(215 Points)
Replied 02 March 2020
Itc is not available.. blocked credit
SANVARIYA PATIDAR
(NO)
(30 Points)
Replied 02 March 2020
Please ignore my earlier reply
ITC is available if seating capacity is more then 13(including driver) . in that case ITC
ITC is available if seating capacity is more then 13(including driver) . in that case ITC
provil jain
(11 Points)
Replied 03 March 2020
If a school buy a bus for students convince (School bus) can claim ITC on that bus
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