GST INPUT BENEFIT FOR SECONDHAND VEHICLE

Dear sir/Madam
I want to buy second hand vehicle (2019 model)value RS 1 Crore from GST registrated company.
my company also GST registrated company . Can I take gst benifit or not . if I can take.
please explain sir.

THANK YOU
REGARDS
M.R.SARAVANADASAN
Replies (2)
Quick Summary
This discussion addresses whether a GST-registered company can claim an input tax credit (ITC) on the purchase of a secondhand vehicle valued at ₹1 Crore from another GST-registered company. Generally, ITC is available if the vehicle is used for business purposes. However, specific conditions under Section 17(5) of the GST Act may restrict or disallow this benefit.

If the vehicle is used for furtherance of business then ITC can be claimed
Subject to certain conditions in section 17(5) itc is not available

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