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travel bussiness

Bathri Narayanan (208 Points)

18 March 2019

in my travel business I purchase the car for my travel agency.i take itc claim amount

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Priya Kashyap (Student) (7053 Points)
Replied 18 March 2019

of course sir you can
input tax credit can be claimed over input tax such as
tax on capital goods, inputs and input service but must be used in the business or furtherance of business

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Bathri Narayanan (208 Points)
Replied 18 March 2019

thank you sir for your reply

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 19 March 2019

If you have travel Tour Business : No you cannot claim Input (As per Notification 1/2018 CT (r) Tour operators can claim ITC only inwards supply from other tour operator)

If You have business of Taxi on Hire (Passenger) : can claim ITC only if you charges GST 12% on forward charge.