This discussion clarifies whether GST input tax credit can be claimed on repairs and maintenance expenses for vehicles like Boleros and cars used in a business. According to GST regulations, input tax credit is generally not available for motor vehicles with a seating capacity of less than 13, including the driver. This applies even if the vehicle is used for business purposes like transporting spares.
03 June 2022
Sir We have own Bolero and cars, in the name of Proprietor and running business of crushing and screening, whether we can take GST input on the expenses incurred for Repairs and Maintenance. can we set off against our output tax. Thanking you Joshi
03 June 2022
According to Section 17(5), ITC on repairs & maintenance of motor vehicles used for transportation of persons having seating capacity less than 13 is not available. You can't take ITC.
04 June 2022
Thank you sir, bolero and car which is using to carry the spares from different places, on repairs party will give Tax invoice then how to pass entry in Tally and GST Portal. please clarify sir Thanks and Regard S. Joshi