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ITC ON BUS PURCHASE - GIVEN ON RENT TO COMPANY FOR THEIR EMPLOYEES PICK UP AND DROP

Goods and Services Tax - Started By: - RAVINDRA SANCHETI - Dated:- 27-12-2017 Last Replied Date:- 13-3-2018 - Hello Sir I have following query - Assessee have purchased one Bus and one car to give on rent to different companies for their employees an .....

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ent services - 9964 passenger transport services or 9966 Rental Services of Transport Vehicle. As per me should be 9966. 2. Whether Assessee can avail ITC benefit on Bus and Car Purchase (with payment of 12% GST) If I go with SAC code 9966 then as pe .....

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notification no 11- SAC code 9964 clause (vi). If not what kind of services covered under this category. 4 Whether the customer to whom we are billing can avail GST credit on invoices of BUS and Car both. - Reply By ANITA BHADRA - The Reply = Dear Si .....

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r transportation of passengers . It will not be correct to avail the credit on Rental services. Clause vi - 9964 covers where owner of motor vehicle used it for transporting passenger . In your case its being rented out , hence it covers under 9966 . .....

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