Itc for rent a cab

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 September 2017 We take taxi on rent from regd dealers he charges 5%gst,
and onward use in our business of Rent a cab.Are we Entitled for ITC for GST paid by us

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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12 September 2017 Not eligible for ITC. Refer section 17(5) of CGST Act 2017.

Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2017 Being in same category of business ITC will be available as per my opinion

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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12 September 2017 Sorry i did not notice that you are in Rent a Cab business. Since you are in Rent a Cab business you can claim ITC.

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