ITC on Purchase of Car and Reversal of ITC & levy of GST on Sale after say 2 years
Query (Issue) Started By: – shailendra singh Dated:- 4-10-2017 Last Reply Date:- 4-10-2017 Goods and Services Tax – GST
Got 1 Reply
GST
Dear All,
\nPlease consider a case where Company 'A' purchases a Car for transportation of passengers and sells it after 2 years of use.
\n(a). Whether Company 'A' was right in claiming ITC at time of purchase of car?
\n(b). Is there any provision for rev<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" ITC on Purchase of Car and Reversal of ITC & levy of GST on Sale after say 2 years Query (Issue) Started By: – shailendra singh Dated:- 4-10-2017 Last Reply Date:- 4-10-2017 Goods and Services Tax – GSTGot 1 ReplyGSTDear All, Please consider a case where Company 'A' purchases a Car for transportation of passengers … Continue reading “ITC on Purchase of Car and Reversal of ITC & levy of GST on Sale after say 2 years”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8042","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8042"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8042\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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