| Question And Answer | |
|---|---|
| Subject: | GST ITC |
| Category: | GST |
| Querist: | Riya |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | ITC |
| Date: | June 15, 2024 |
Assessee is a company who has leased a car for its employee.
The lease is in the name of company & the lease + other charges are paid by company.
No amount is recovered from the employee.
Is the GST on the lease rent & other expenses on the lease is available for ITC or not by the company?
Reply of the Expert is awaited. Please check back later
Disclaimer: This article is only for general information and is not intended to provide legal advice. Readers desiring legal advice should consult with an experienced professional to understand the current law and how it may apply to the facts of their case. Neither the author nor itatonline.org and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this article nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of itatonline.org