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

Input Tax Credit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Input Tax Credit
Query (Issue) Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 3-6-2021 Last Reply Date:- 4-6-2021 Goods and Services Tax - GST
Got 3 Replies
GST
sir.1. Constructio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n Equipment Vehicles (Road Roller, JCB, Procrane) - eligible for Input Tax Credit 2. industrial cranes/ post lift used to lift goods are eligible for ITC? Reply By Shilpi Jain: The Reply: Yes eligib .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... le as these are not vehicles for transportation of persons. Reply By KASTURI SETHI: The Reply: Sh.Vignesh Ji, Yes. ITC is allowed. May I ask the real reason behind asking this simple question ? Wh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... at has raised doubt in your mind ? What is brewing in your mind ? Keeping in your knowledge and experience, such simple query is not digestible ? Will you please clariify ? Reply By YAGAY andSUN: T .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Reply: In our view, you are eligible for ITC on such non transport vehicles. Further, you would have to get the registration with Jurisdictional RTO and pay the tax on such motor vehicles.
Dis .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cussion Forum - Knowledge Sharing .....

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