Is Itc Available On Car. Is itc available to a taxable person who has acquired a car for being used in his business of manufacturing or trading of any goods other than motor vehicle? Itc available on motor vehicles used for transportation of goods.
Under proposed changes, as of april 20, 2021, an intermediary also includes a billing agent that is deemed to have acted as your agent in making the supply. Itc available on the services of general insurance, servicing, repair and maintenance of.