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All QuestionsCategory: GST ConsultancyInput tax credit on capital goods (Motor Vehicle)
Profile photo of Amir ChhipaAmir Chhipa asked 5 years ago

Input tax credit on capital goods (Motor Vehicle)

Whether ITC On Motor Vehicle ( Maruti Omni ) Is available which Are Used In Textile Business For CArrying Goods?

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1 Answers
Profile photo of CA Venu Gopal GellaCA Venu Gopal Gella answered 5 years ago

Credit on passenger vehicles(even though used for goods transportation) having seating capcacity<13 cannot be availed for credit


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