This discussion clarifies whether a business owner supplying bottled water can claim 100% Input Tax Credit (ITC) on a vehicle purchased for transporting goods. The consensus is yes, provided the vehicle is used for business purposes and GST has been paid. This full ITC can be claimed in GSTR-3B.
17 April 2020
If person carrying out business of supply of bislery water . And he has purchased vehicle for transportation goods in name of the company and paid gst. then query is that Can he claim this purchased vehicle full 100 % ITC at one time in gstr-3b?