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Tempo vehicle purchased and used exclusively for own business( delivery of goods.).. ITC Eligible?

Tempo vehicle purchased and used exclusively for own business( delivery of goods.).. ITC Eligible?

Reply— Yes, taxpayer can claim ITC on Motor Vehicle when used for transportation of goods provided it is exclusively used for transportation of goods. Kindly refer section 17(5)(a)(ii).
Posted Date: Feb 17, 2019
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