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Can Input Credit be avail on new car

ITC / Input 494 views 5 replies

Purchase a new in august in company name

wanted a clarity if input credit can be avail on the same

also input gst on services, maintainence and insurance on the same car can also be taken.

if yes or no pls help me with the supporting if possible

Replies (5)
not available input
( input available only in one case if you are trader of car )
no ITC will be allowed
if you are doing sale and purchase of car then you can claim ITC
Refer Section 17 (5) of CGST act 2017 for the same
thanks to all for your valuable advise.


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