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About GST input

Final 156 views 4 replies
A person who is registered under Gst, purchase a new car for business purpose and supplier asked him for GSTIN no. Now I want to ask that he can get or not input tax credit under Gst on car. His business nature is jewelry shop
Replies (4)
GST paid on purchase of car cannot be claimed as input unless you are in the business of buying/selling cars and/or travel business
Hence in your case you cannot claim GST input on purchase of car and you include GST amount in cost of car and can claim depreciation under IT Act
but in Gst 2A it Will shown as input if supplier will show it as sale
while purchasing the car you might have given GSTIN that is the reason it is reflecting in GSTR-2A
If you have any queries refer sec 17(5) of CGST Act
thank-you so much sir


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