Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Four wheeler rentals

276 views

Save Share

shiva wadeyar

13 Points Posted on 10 February 2023

We are GST holders, We provide the rentals of four wheelers, The maintenance charges like tire, tube and spares which will cost us can we claim INPUT for this or not. Please clarify

Replies (3)

Quick Summary

If you hold a GST registration and offer four-wheeler rentals, you can claim Input Tax Credit (ITC) on maintenance expenses such as tyres, tubes, and spare parts. This applies as long as your service operates under the forward charge mechanism and you are providing these rental services as part of your business.