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input credit of motor vehicle
A works contractor purchased a tipper for movement of construction material for his own business...is he eligible to take input credit of gst paid on purchase of tipper
Replies (5)
No. Not available ITC.
but section 17(5) allows input credit of motor vehicle when used for transportation of goods
You are under GST as Transporter then you can avail the ITC. Otherwise not available...
but section 17 (5) doesn't apply such restriction
Yeah. You are exactly. All are buying Heavy Vehicles for using Transportation of Goods... But, Transporters ll be use it's service to others assessee and they can make its his business.
But, you / other businessee are using his other business not in transport business...
But, you / other businessee are using his other business not in transport business...
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