Input credit of gst on purchase of vehicle

This query is : Resolved

PRATIK KAYAL (Querist)
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08 January 2018 Respected All,
Kindly please suggest can we take Input Credit of GST on purchase of Car ( Say Swift Dzire) for use of Manager of Company and on Trucks purchased for delivering finished goods to parties. Kindly please suggest.
Thanking everyone.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 January 2018 ITC can't be taken on car used by manager. ITC can be claimed on trucks used for delivery of finished goods.

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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09 January 2018 If the car is purchased by the company and the manager uses the car for the official purpose, ITC for GST can be claimed and it will be considered as business expenses.

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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09 January 2018 Credit on motor vehicles is specified in the negative list as per Section 17 of the CGST Act and henec not available except when used for transportation of goods as stated therein.
Hence whereas credit on trucks could be taken, ITC is not eligible for car used by the manger.

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