Gst itc on purchase of bike


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 May 2018 Dear Experts,
We are in service industry. We do provide service at customer residence hence vehicle is is needed. For traveling/conveyance for business purpose we are going to buy a bike. Pls clarify :- can we avail the ITC of GST paid on purchase of bike,

Thanks & Regards
Dilip Awasthi

26 May 2018 Under section 17(5) of CGST Act, there are certain supplies on which input tax credit under GST is not available. These supplies can also be said as blocked credit.

1. Motor vehicles and other conveyances except when they are used

a) For making further supply of such vehicles or conveyances ---> N.A. for in your case

b) Transportation of passengers ---> N.A. for in your case

c) Imparting training on driving, flying, navigating such vehicles or conveyances---> N.A. for in your case

d) For transportation of goods. ---> N.A. for in your case

Hence, you cannot claim ITC on bike


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details