Gst motor car

We are a Plastic Manufacturing Company , which is register under GST act

This Month (August,2017) we have purchase to our COMPANY NAME, ADDRESS & GST NO.  a MARUTI  SUZUKI car from XYZ Co. (Register under GST).

Can We take Full GST Input Tax Credit for Capital Goods (I.e Motor Car)

Replies (1)

ITC can be claimed if your company uses the car for this purposes

  • the vehicle is used for the supply of other vehicles or conveyances (example: Lorries used to transport scooters, cars etc)
  • the rule shall not apply if the vehicle is used for transportation of passengers
  • the vehicle is used for teaching training on driving, flying, navigating such vehicle or conveyances
  • the vehicle is used for transportation of goods

If your company uses this car for directors then ITC cannot be availed

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics :

Loading
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details