Input tax credit on moter vehicle.

This query is : Resolved

surinder (Querist)
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23 April 2018 Dear Experts,
I purchase a mahindra pickup for my courier business.please give me answer of my few queries.
1. can i take gst input of vehicle (i purchase only chesis)?
2. can we claim gst input of container body (because body make from other person)
3. can we claim gst input on insurance of this vehicle?

please reply in detail

thanks in advance to all gst experts.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 April 2018 You can claim input credit on all the three above. Claim input credit on vehicle and container over the period of life of the asset.

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surinder

surinder (Querist)
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25 April 2018 CA R SEETHARAMAN sir Please tell me can we sale this vehicle after 2 years

and

secondly please tell if a GTA pay output tax under forward charge 12% can he also claim input tax of commercial vehicle.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 April 2018 Yes you can sell the vehicle after 2 years,
Yes GTA pay output tax under forward charge 12% can also claim input tax of commercial vehicle.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 April 2018 Yes you can sell the vehicle after 2 years,
Yes GTA pay output tax under forward charge 12% can also claim input tax of commercial vehicle.

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