Input on purchase of car in FY-17-18

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47 Points Posted on 06 March 2023

Was Input on purchase of car and repairing of car on company's name allowed In FY-2017-18 ?

 

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On 06 March 2023 at 16:39 Report
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This discussion clarifies the eligibility of input tax credit for car purchases and repairs under GST for the financial year 2017-18. It addresses confusion regarding Section 17(5), confirming that input tax credit for cars and their repairs was generally not allowed during this period, even though Section 17(5) was indeed in effect.

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218 Points Posted on 06 March 2023

As per section 17(5), the Input is not eligible from FY 2017.

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On 06 March 2023 at 17:49
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47 Points Posted on 06 March 2023

But Section 17(5) introduced in 18 -19 I think. I cant find the provisions of 17-18 thats why I am confused.

Can You confirm pls ?

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On 06 March 2023 at 18:43
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GST Consultant
15986 Points Posted on 08 March 2023

Input on car and its repairs was never allowed. There was some confusion with repairs but it was not allowed.

Section 17(5) was there in 2017-18

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On 08 March 2023 at 13:13

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