Regarding ITC

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Quick Summary

If you supply construction materials like sand and boulders using your own trucks, you can generally claim Input Tax Credit (ITC) on expenses related to the regular repair, maintenance, and tyre changes for these vehicles. This applies as long as the vehicles are used for your business operations. Consult with your tax advisor to ensure correct treatment and avoid confusion regarding running costs versus eligible ITC claims.

Mahendra Patel

Mahendra Patel (Querist)
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15 June 2020 Dear Sir,

My question related to my business so sir we are supplier of sand , bolder and other construction material . and for this we using my truck, 7 other vehicle for collecting and delivered the same .

so for using vehicle we make maintenance, related expenses.

so can i Claim ITC on the same regular repair and maintenance ??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 June 2020 Yes, ITC on the same regular repair and maintenance can be claimed.

Mahendra Patel

Mahendra Patel (Querist)
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15 June 2020 Okay Sir,

but one side our CA told to us ITC not available and this is running cost .

so what is the correct treatment .

and due to this we only pay GST at the time of Sales bills and not Taken ITC at the time of repair , purchase of tyre etc .

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 June 2020 ITC available on truck purchase and repairs and maintenance and change of tyre, as truck is used for business.

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