Car purchase in business


This query is : Resolved 

Quick Summary
Generally, you cannot claim Input Tax Credit (ITC) on a car purchased for your business if it's used by the owner. This is typically considered a blocked credit under Section 17(5) of the GST Act. However, there are specific exceptions outlined in the same section that may allow you to claim ITC under certain circumstances.

18 June 2024 can we get ITC credit on car purchase in gst

18 June 2024 No ITC can be claimed if it's used by the owner of the business.


18 June 2024 Its covered under Blocked Credit u.s 17(5) but there are some exceptions wherein you can claim ITC, if you fall under the exceptions mentioned in Sec 17(5) then you can claim or else not possible


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