Can ITC Claim for Truck

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If your business is primarily involved in transportation, such as a goods carrier or travel service, you can generally claim Input Tax Credit (ITC) on the purchase of vehicles. This is because the vehicle is directly used for business purposes, making the GST paid on its purchase eligible for ITC.

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(Querist)
13 January 2020 If the business is completely involving in transportation like travels, goods carrier than the purchase of vehicle tax can claim or not to claim? if not why?
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Gokul Sharma

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Gokul Sharma (Expert)
13 January 2020 yes you can take credit for the same as the vehicle is mainly used in the business.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
13 January 2020 Above case you can claim itc
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Amol S Joglekar

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Amol S Joglekar (Expert)
14 January 2020 GST on the purchase of vehicle can be claimed as ITC
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