A question that often arises in a common buyer’s mind is whether or not they will get ITC on purchases like phones, watches, I-pads, etc. which was purchased for business use. They find it hard to distinguish whether it is used for office purposes or personal consumption, owing to the thin line between the two. ...
February 3, 2021
February 2, 2021
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A lot of car dealers get this question from their customers, what is the GST provision on the credit admissibility on purchase of a motor vehicle and the repairs done on it? From the customer’s point of view, section 17 (5) of CGST Act clearly states, if a motor vehicle has a capacity of fewer...