Accountant
386 Points
Joined June 2016
Rate Of GST for Driving School - 18%. You are claim ITC for following Exceptions.
a) Supply of other vehicles - If you are in the business of supplying cars then ITC will be available.
b) Transportation of passengers - If you are providing transportation of passengers then ITC will be allowed on the vehicle purchased.
c) Imparting training on driving, flying, navigating such vehicle -A driving school purchases a car to give training to students. The school can claim ITC on the GST paid on the car.
d) Transportation of goods - ITC will be allowed on motor vehicles used to transport goods from one place to another.
ITC is not available for motor vehicles and conveyances. If company buys a car for their business. They cannot claim ITC on the same.