ITC OF CAR
Goods Transport (Like Truck ,Tempo)
ITC Available to all types of business
Passenger Transport
ITC Available only to
Car Selling Business
Passenger Transport Business
Motor Driving Training Business
ITC of Cars,bus,2 Wheelers is Not Available to other Business like Traders, Manufacturers, Professionals
etc.
Whether Purchase of Car is Input or Capital Goods
If car used for More than 1 year
Capital Goods (Example-Passenger Transport or Motor Driving Business)
If car used for upto 1 year
Input (Example-Car Selling Business)
