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Gst in gta

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Hi, We are transport company having our own trucks. Can we take input credit on purchase of spare parts for our vehicles whereas we are not claiming GST from our client as they paid GST under reverse charge mechanism, but for loading & unloading we claiming GST.

Pls suggest whether input credit can be taken for the purchase of spare parts.

Thanks in advance.

Replies (8)
No ITC will be available if GST paid by client under reverse charge @ 5%

Thank you..

No....
GTA can claim ITC on his inward supply only if forward charge 12% (As per notification 20/2017 CT (r)

So if you want to avail any ITC on spare (inward supply) you have charge 12% GST on your outward supply
Agree with pankaj sir.
thank you pankaj sir for complete information...

Thank you...

You R welcome


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