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CAN CLAIM INPUT? REPAIR AND MAINTANCE EXP

pratik sanjay mohadikar (accountant) (93 Points)

16 September 2020

can we use gst input of vehicle servicing expenses. client proving goods transportation services.

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 16 September 2020

Yes, you can claim ITC of vehicle service bill, if vehicle is used by you for your business of Transportation of Goods..

Rashmi Dalmia (67 Points)
Replied 16 September 2020

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

Shivam RC (Student) (23683 Points)
Replied 17 September 2020

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.

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