Input credit on assets(truck vehicle)

This query is : Resolved

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

CMA Bhavya

CMA Bhavya (Expert)
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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

CA Anita Bhadra (Expert)
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15 March 2019 Yes
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