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Blocked Credit - Motorvehicle

Indirect Taxation

Hello team, In the Blocked credit concept, on which of the following i need ponder over? 1. Nature of business operations 2. Furtherance of business 3. Further taxable supply of services or goods

ILLURU VISWESHWARA REDDY

CMA_US All

★ 33K+

10-Sep-20 19:57

351

Answers (1)

Hello team, i got clarified my query in the subsequent videos and it was concluded that " under statutory obligations to do so companies can avail ITC.

Thread Starter

ILLURU VISWESHWARA REDDY

CMA_US All

★ 33K+

11-Sep-20 08:27