Rent a cab service

This query is : Resolved

DHEERAJ KUMAR (Querist)
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08 January 2019 Sir
We are a Public Limited Company. We have hired a cab provider to provide cab services to our marketing staff .

Now if they charge GST then whether we can claim ITC. pl quote exact clause for that

Regards

Dheeraj Kumar

CMA Bhavya

CMA Bhavya (Expert)
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08 January 2019 Dear Sir,
Rent a Cab service is directly an blocked Credit as per Sec. 17(5)(iii)
but wherein if you are falling in below business & services you can avail such credit

(5) Notwithstanding anything contained in sub-section (1) of section 16 and subsection (1) of section 18, input tax credit shall not be available in respect of the following,
namely:—
(a) motor vehicles and other conveyances except when they are used––
(i) for making the following taxable supplies, namely:—
(A) further supply of such vehicles or conveyances ; or
(B) transportation of passengers; or
(C) imparting training on driving, flying, navigating such vehicles
or conveyances;
(ii) for transportation of goods;

regards,
Bhavya.P

DHEERAJ KUMAR

DHEERAJ KUMAR (Querist)
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08 January 2019 We are making first time recharge payment of Rs. 15000 pl confirm tds liability also

Regards

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