Itc of gst paid on motorcar purchased by rent a car operator

This query is : Resolved

Deepak Bhosale (Querist)
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10 January 2019 Is rent a car operator eligible to take ITC of gst paid on motor car purchased to be used in same car renting business?
If yes, how to utilised ITC, 100% at a time or over a 60 months?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 January 2019 Over 60 months provided GST charged more than 5%.

Deepak Bhosale

Deepak Bhosale (Querist)
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11 January 2019 ITC on motor vehicle is available, if such car is used for transportation of passengers as sec 17(5) of GST.
Is car renting services falls under transportation of passenger? Cause passenger transportation services is distinctly taxed under GST.