Itc on vehicle expenses bills

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2018 I am a supplier of various building materials and hardware goods to various customers. I am registered as regular assesses under GST. I own 2 trucks which are used in business of supply. I have to purchase vehicle parts regularly for my trucks and also incur expenses on repairing on trucks. May I claim ITC on vehicle expenses ? If yes, how ? Please guide me.

kathir

kathir (Expert)
Follow

19 November 2018 The restriction on availment of ITC is only in case of purchase of motor vehicle As per sec 17(5) of CGST Act. But no restriction on repair & insurance taken on such motor vehicle. So can eligible to ITC on the same.