Company Denied Input Tax Credit on Cash Carry Vans Purchased for Business, Later Sold as Scrap.

Company Denied Input Tax Credit on Cash Carry Vans Purchased for Business, Later Sold as Scrap. https://www.taxtmi.com/highlights?id=40927 Input tax credit - purchase of motor vehicles i.e. cash carry vans - ITC is not available to CMS Info Systems Limited on purchase of motor vehicles i.e. cash carry vans, which are purchased and used for cash management business and supplied post usage as scrap. en-us Sat, 18 Aug 2018 17:53:41 +0530 Sat, 18 Aug 2018 17:53:41 +0530 TaxTMI RSS Generator Company Denied Input Tax Credit on Cash Carry Vans Purchased for Business, Later Sold as Scrap. https://www.taxtmi.com/highlights?id=40927 Input tax credit - purchase of motor vehicles i.e. cash carry vans - ITC is not available to CMS Info Systems Limited on purchase of motor vehicles i.e. cash carry vans, which are purchased and used for cash management business and supplied post usage as scrap. Highlights GST Sat, 18 Aug 2018 17:53:41 +0530 https://www.taxtmi.com/highlights?id=40927