Gst liability and itc on car given to ola and uber
This query is : Resolved
11 April 2019
May i calim gst input on purchase of car for providing cab service on uber against my other business?
11 April 2019
No , You can not claim ITC on car purchased and provided for cab services on Uber against your OTHER BUSINESS .
Credit is Blocked under section 17(5)
In re Ms Narsingh Transport (AAR GST Madhya Pradesh) ,
The applicant ( registered as GTA ) desire the advance ruling on the subject that whether the GST paid on cars purchased & provided to their different customers on lease rent will be available to it as INPUT TAX CREDIT(ITC) in terms of Section 17(5) of Central Goods and Service Tax Act, 2017?
Two relevant points emerged in this AAR Ruling -
(a) Car purchased for furtherance of business ( You are not in business of car rental and intend to use ITC from other business )
(b) The car, which the applicant intends to lease, should be registered with the transport authority in the capacity of commercial use.
Credit is Blocked under section 17(5)
In re Ms Narsingh Transport (AAR GST Madhya Pradesh) ,
The applicant ( registered as GTA ) desire the advance ruling on the subject that whether the GST paid on cars purchased & provided to their different customers on lease rent will be available to it as INPUT TAX CREDIT(ITC) in terms of Section 17(5) of Central Goods and Service Tax Act, 2017?
Two relevant points emerged in this AAR Ruling -
(a) Car purchased for furtherance of business ( You are not in business of car rental and intend to use ITC from other business )
(b) The car, which the applicant intends to lease, should be registered with the transport authority in the capacity of commercial use.
Message likes :
1 times
11 April 2019
As Per Section 17(5) "Motor vehicles and other conveyances except when they are used
a) For making further supply of such vehicles or conveyances
b) Transportation of passengers
c) Imparting training on driving, flying, navigating such vehicles or conveyances
d) For transportation of goods."
When i am giving my car on uber than it is using for transportation of passengers, then why I can not avail?
a) For making further supply of such vehicles or conveyances
b) Transportation of passengers
c) Imparting training on driving, flying, navigating such vehicles or conveyances
d) For transportation of goods."
When i am giving my car on uber than it is using for transportation of passengers, then why I can not avail?
11 April 2019
@ Paul
The reply of the expert is covering the phrase "against my other business" .
The reply of the expert is covering the phrase "against my other business" .
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- ASMT-10 received from A O
- IT returns for fresh job holders
- ITR-Capital Gain
- Traces submitting correction statement error
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
