GST input on tankers for transportation of Petrol & Diesel


This query is : Resolved 

Quick Summary
A petrol pump dealer is inquiring about claiming GST input tax credit (ITC) on the purchase of a tanker intended for transporting petrol and diesel. However, since petrol and diesel are exempt from GST, the supply of these fuels is considered non-taxable. Consequently, the dealer will not be able to claim ITC on the purchase of the tanker.

17 July 2020 There is petrol pump dealer he wants to purchase tanker for supply of petrol and diesel
Can heClaim GST on purchase of truck
Tanker is used for the purchase of Petrol and Diesel

17 July 2020 Petrol and Diesel are exempt from GST hence no ITC can be claimed on purchase of truck.

17 July 2020 Petrol and Diesel supply is non-taxable under GST. Hence, the dealer will not be able to claim ITC on purchase of tanker.


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