Input Tax Credit of repair, insurance and servicing of motor vehicle w.e.f 1st Feb 2019

Govt issued Notificatoon No 2/2019-CT dated 29.01.2019 whereby specific provisions of CGST (Amendment) Act 2018 made applicable w.e.f 01st Feb 2019 and accordingly Input tax credit of following services relatable to motor vehicle shall not be available:- (a) general insurance, (b) servicing, (c). repair and maintenance Cases where ITC on motor vehicle repairing/ insurance services […]

Input Tax Credit of repair, insurance and servicing of motor vehicle w.e.f 1st Feb 2019 Read More »