GST input on Pick up truck

893 views 1 replies

HI, We are into mining of natural material and manufacture of fertilizers. We have bought a isuzu pick up truck with a weight capacity of 1 ton (commercial plate) for transport of our fertilizers to farmers and dealers. I was told that ITC can be availed by us as this is only for business use. Please advise if I can claim GST , if yes Should I do it in one go or as some say over a period of 60 days. If I have to claim over a period of 60 days how do I match my inputs with supplier outputs as for ex we bought this in May22 and supplier would file it in May 22, so if I claim entire amount in May 22, tallying is done but If I have to apportion it over 60 months, How do I do that. Please advise and thanks in advance

Replies (1)

ITC is available.

There is no such concept of 60 days, as per my understanding. 

You can avail the entire credit in the same month. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details