Can You Claim ITC on Car Purchases? GST Rules Simplified

Can You Claim ITC on Car Purchases? GST Rules Simplified
In this video, we’ll dive deep into the rules regarding Input Tax Credit (ITC) on cars under GST. Whether you're using a car for personal or business purposes, understanding ITC rules can help you manage your taxes efficiently. We’ll cover the eligibility criteria, restrictions, and special provisions that apply when claiming ITC on car purchases and related services.
Key points covered:
Can you claim ITC on car purchases?
GST restrictions on personal vehicle ITC
Exceptions for business use under Section 17(5) of the CGST Act
ITC on leasing, hiring, and renting cars
Important compliance tips and documentation needed
Watch now to learn how to maximize your tax benefits with the right ITC claims on car-related expenses
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[@hayatkhush2704]

Bike ki ITC le sakte he??

[@UMSAIFI]

Mfg company ma car ka itc claim krenge ya nhi

[@Csjitender94]

Video ka Thumbnail viewer ko dhoka dene ke lie bnaya hai, ise change kriye.
Ye sarasar galat hai, yaha demo vehicle pr itc ki allow ki bat ho rhi hai ,apne thumbnail me likha hai ab car pr bhi itc milega, isse to jo dekhega vo galat samjhega

[@narendersingh8840]

Mujhe car lene hai private number uska input milega ya nahi

[@taxgyany]

sorry, we didn't understand your query.

[@narendersingh8840]

@@taxgyany company ke naam se car lene hai gst claim kar saktein hai

[@naveenpansari]

No​@@narendersingh8840

[@sachinsingh850]

Point No. C required more clearity

[@taxgyany]

will make video on that and post tomorrow, you can check that. thank you

[@narendersingh8840]

Mam kuch thik se smajh nahi aaya

[@sarthak459]

Simple btao naaa
Kya dimag dahi Kar rahi ho.
Masses ko nahi milega.
Chapter close

[@RAVISONI-yi5rk]

You're looking cute.