This discussion explores whether input tax credit (GST) can be claimed on a motor vehicle registered in a firm's name and used exclusively for business purposes. The advice given suggests that the eligibility depends on the vehicle type (personal vs. commercial) and its specific use in business operations, such as carrying goods or passengers. For a two-wheeler (bike) used solely by office staff for business, the claimability of GST input is being investigated.
Can we take the input on Motor Vehicle or not [ Vehicle registered in firm name and it also used for business only] Can we take the input in GST or not
01 February 2020
Dear Sir, Vehicle is two Wheelr [[Bike] RC Book in the name of firm and it is used for business purpose only bike used by office staff only business purpose only not personal purpose