Can we take ITC on purchasing of the new car in the firm name?

Can we take ITC on purchasing of the new car in the firm name?

Asked on November 13, 2017 in Automobile.
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3 Answer(s)

No specifically disallowed if not in transporting of passenger or buying selling of car.

Answered on November 13, 2017.
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Yes, but except if it is for personal use.

Answered on November 15, 2017.
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That means the whole purpose is it should be in your business books.

Answered on December 17, 2017.
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Gen GST