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ITC on Bike Purchase On Firm Name

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Ayush Jaiswal   19 January 2021

Ayush Jaiswal

 16 points
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Hi, can I take credit of 28% /18% gst which I am getting by purchasing of bike worth 2,21,000.00.Plead help me

CA Rashmi Gandhi

CA Rashmi Gandhi (banswara)     19 January 2021

CA Rashmi Gandhi
banswara 
 4183 likes  53320 points
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No. As per Section 17(5) , ITC on vehicle is blocked.

mayur sharma

mayur sharma   19 January 2021

mayur sharma

 8 likes  96 points
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No ITC can not be claimed as per 17(5).the same is blocked.


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