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I have applied for GST registration for my malt based agency and I got my GSTIN... Now I want to buy a car for transportation of goods ( Business purpose...How to claim ITC?? purchase a car using my gstin ....so that my electronic credit ledger credited with ITC Or Submit a Form ITC 01


surya rajan

surya rajan

CA Inter

5K+

23-Feb-21 11:23

21

Answers (4)

You need to quote GSTN while buying the vehicle.


Suraj Lakhotia

Suraj Lakhotia

Admin

23-Feb-21 11:34

Credit is allowed only if the motor vehicle is for transportation of goods


Shiva Teja

Shiva Teja

Faculty

03-Mar-21 15:44

Credit is allowed only if the motor vehicle is for transportation of goods

Thank you for your reply..your gst course video was awesome...super explanation sir...Thanks for wonderful course Sir my question is how to claim....that is while I purchase a car ... Use my business Gstin or any other procedure is there.??


surya rajan

surya rajan

CA Inter

5K+

03-Mar-21 15:49