No, you cannot avail ITC of Bike. As per Sec 2(28) of Motor Vehicle Act, Motor Vehicle includes every vehicles with engine capacity more than 25CC.
Accordingly, as per GST Act, definition of Motor vehicle is same as provided under Sec 2(28) of MV Act;
“motor vehicle” or “vehicle” means any mechanically propelled vehicle adapted for use upon roads whether the power of propulsion is transmitted thereto from an external or internal source and includes a chassis to which a body has not been attached and a trailer; but does not include a vehicle running upon fixed rails or a vehicle of a special type adapted for use only in a factory or in any other enclosed premises or a vehicle having less than four wheels fitted with engine capacity of not exceeding 4[twenty-five cubic centimetres]; 1[twenty-five cubic centimetres];"
Since the motor bikes or scooties which are purchased for official purpose, and are covered under the definition of Motor Vehicles, credit will not be allowed since today’s these vehicles are more than the specified limit of 25cc.
Jise Ki Company Ki malik My hu aur Personal use ke liye Motor Bike Purchase Kiye Hai
Espe Hum Input Claim Kar Sakte hai
Agree with Rahul, Dipesh, Vinod. ITC on 2 wheelers to be seen on par with 4 wheelers. If ITC on goods not eligible, ancillary services credit (insurance, repairs) also not eligible & vice versa.
Other ITC conditions - Ensure valid tax invoice, receipt of goods, GSTR 2A/2B reflection, full payment to vendor and filing of GSTR 3B.
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