sir.1. Construction Equipment Vehicles (Road Roller, JCB, Procrane) - eligible for Input Tax Credit 2. industrial cranes/ post lift used to lift goods are eligible for ITC?
Input Tax Credit
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Input Tax Credit eligibility for non-transport commercial vehicles affirmed; RTO registration and motor vehicle tax payment required.
Construction and industrial lifting equipment used in business-such as road rollers, JCBs and cranes-qualify for Input Tax Credit when not used for carriage of persons; claimants must observe compliance conditions including registration with the jurisdictional motor vehicle authority and payment of applicable motor vehicle tax for motorised equipment. (AI Summary)
Construction and industrial lifting equipment used in business-such as road rollers, JCBs and cranes-qualify for Input Tax Credit when not used for carriage of persons; claimants must observe compliance conditions including registration with the jurisdictional motor vehicle authority and payment of applicable motor vehicle tax for motorised equipment. (AI Summary)
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