Can a Crusher firm take ITC on in-house purchase?

Our firm is a crusher unit. We have more than 25 trucks to transport metal.my doubt is can we take ITC on the purchase of consumables to repair vehicle because we have our own workshop with the same unit.

Add Comment
2 Answer(s)

ITC is applicable on input tax component of purchases used in Business from other supplier. if you make any purchases in workshop for use in related Business , then ITC will be allowed.

Answered on June 6, 2017.
Add Comment

Here the expense is related to motor vehicle even you will be able to take credits. For more details and clarification mail it on altamush711@gmail.com.

Answered on June 6, 2017.
Add Comment

Your Answer

Gen GST