Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

GST - input claim Repairs & Maintenance

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sir, Our consultant has filed our GST returns by claiming input credit on reparis and maintenance ( financial year 2019-20) a) GST -input credit on Repairs and maintenace ( input credit on pai .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt purchase ) b) GST - input credit on Vehicle reparis and maintenance ( we are a trading concern - delivery goods to our customers by truck ( commercial vehicle ) c) GST - INPUT Credit on vehci .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lce repairs and mainteance - Car - used for delivering materials ( not a commercial vehicle ) Sir, i came to know that we cannot claim Input credit on repairs and maintenance - Building , vehi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cle Kind request, I want to know whether Input credit is eligible or in eligible Kind regards shobiraj - Reply By KASTURI SETHI - The Reply = Query-wise reply is as under:- 1. ITC is allowed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... if these expenses are not capitalized in books of account. 2. Allowed 3. Not allowed. - Reply By Ganeshan Kalyani - The Reply = I agree with Sri Kasturi Sir. ITC on repairs and maintenance expense .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is allowed only when it is not capitalized in the books. And ITC on repairs to commercial vehicle is allowed where as on car it is not allowed. - GST - input claim Repairs & Maintenance - Query Sta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rted By: - shobiraj t Dated:- 22-9-2020 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates