Can I claim GST on a car purchase?
GST on a car purchase can be claimed only if used for business like taxi services, driving schools, or rentals. Ensure compliance with GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/gst-r....egistration-chennai.
Who is eligible for ITC in GST?
Businesses with GST registration in Chennai can claim ITC on purchases used for taxable supplies, provided they have valid invoices and GST-paid inputs.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/gst-r....egistration-chennai.
What is GST reversal?
GST reversal means repaying input tax credit (ITC) if conditions aren’t met, like using inputs for exempt supplies. Ensure compliance with GST registration in Chennai.
#gstregistrationinchennai
#onlinegstregistrationinchennai
https://www.solubilis.in/gst-r....egistration-chennai.
