Input tax credit claim on two wheelet

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440 Points Posted on 23 December 2020
my client wants to purchase two wheeler activa for using for business. can he claim ITC ON THAT.
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On 23 December 2020 at 07:34 Report
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This discussion clarifies whether Input Tax Credit (ITC) can be claimed on the purchase of a two-wheeler for business purposes. According to Section 17(5) of the CGST Act, 2017, such claims are generally ineligible. Therefore, your client likely cannot claim ITC on the purchase of a two-wheeler for business use.

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48 Points Posted on 23 December 2020
Not eligible
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On 23 December 2020 at 08:28
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Practicing Chartered Accountant
681 Points Posted on 24 December 2020
As per Section 17 (5) of CGST Act, 2017 it is ineligible for Input Tax Credit.
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On 24 December 2020 at 09:18

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