We have purchased Tractor registered with RTO for material handling .
1) Whether it is account for under Vehicle or Plant & Machinery.
2) Whether we can get input tax credit of GST paid
3) What is depreciation rate as per Companies Act?
rajendra (accountant) (21 Points)
05 August 2024We have purchased Tractor registered with RTO for material handling .
1) Whether it is account for under Vehicle or Plant & Machinery.
2) Whether we can get input tax credit of GST paid
3) What is depreciation rate as per Companies Act?
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
