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CAN CLAIM INPUT? REPAIR AND MAINTANCE EXP
can we use gst input of vehicle servicing expenses. client proving goods transportation services.
Replies (6)
Yes, you can claim ITC of vehicle service bill, if vehicle is used by you for your business of Transportation of Goods..
No ITC is allowed on services of general insurance, servicing, repair and maintenance in so far as they relate to motor vehicles, vessels or aircraft referred to in (1).
Exceptions to ITC on insurance, repair or maintenance
- Same as expections mentioned for motor vehicles/vessels/aircrafts
- where received by a taxable person engaged—(I) In the manufacture of such motor vehicles, vessels or aircraft; or
(II) In the supply of general insurance services in respect of such motor vehicles, vessels or aircraft insured by him
If the Vehicle is being used in Transportation of Goods, then Yes ITC can be claimed on Repair & Maintenance Expenses, General Insurance etc. This was clarified by amending Section 17(5) of the CGST Act 2017 vide the CGST Amendment Act 2018 w.e.f 01/02/2019.
Yes agree with Mr Shivam .
you can claim ITC
you can claim ITC
Dear All
Thanks for the solution you guys are doing excellent work
Thanks for the solution you guys are doing excellent work
Your always Welcome Sir...
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