Input Credit on Capital goods

Hi Friends,

I am tour operator service provider. I have purchased a tempo traveller (vehicle to carry passengers) and paid gst on taxable value. I give tempo travellers on hire and the hiring company pays tax on reverse charge basis.


In this regard I have following queries:-

1. Can I claim Tax credit on Tempo traveller purchased as it is input tax paid on purchase?


2. Do I have option of claiming refund on such input tax paid as output tax is paid by hiring company on reverse charge basis?


3. Kindly explain how can I claim the credit or refund on gst paid on purchase of tempo traveller?


I shall be highly obliged if you could reply to this mail as soon as possible.