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ILLURU VISWESHWARA REDDY

ILLURU VISWESHWARA REDDY

CA Inter

26K+

10-Sep-20 19:57

12

Blocked Credit - Motorvehicle

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

Answers (1)

ILLURU VISWESHWARA REDDY

ILLURU VISWESHWARA REDDY

CA Inter

26K+

11-Sep-20 08:27

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.