Input credit on assets(truck vehicle)

15 March 2019
Dear Sir,
I have purchase truck vehicle for Factory transportation work. Input GST credit can be availe. Please advise.

CMA Bhavya (Expert)
15 March 2019
Yes, You van can avail the CGST Act 2017 Sec. 17(5) (a) doesn't block the credit of motar vehicles and other conveyances when they are used for transportation of goods.

CA Anita Bhadra (Expert)
15 March 2019
You can avail ITC
As per Section 17 (5)( ii) of CGST Act
Input credit on motor vehicles and other conveyances can not be availed except when they are used

for transportation of Goods

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