Input Tax credit on Service charges of motor Vehicles

IF IT IS USED FOR GOODS TRANSPORTATION THEN, YES YOU CAN CLAIM ITC

CURRENT LAW: INPUT TAX CREDIT SHALL NOT BE AVAILABLE IN RESPECT OF THE FOLLOWIN

(A) MOTOR VEHICLES & OTHER CONVEYANCE

AMMENDED LAW:1. MOTOR VEHICLES FOR TRANSPORTATION OF PERSONS HAVING APPROVED SEATING CAPACITY NO MORE THAN 13 PERSON : MEANS ON VEHICLE MORE THAN 13 PERSON SEATING CAPACITY CAN AVAIL ITC . EG.IF CO.PURCHASE BUS FOR HIS EMPLOYEES CONVEYANCE, THE ITC OF TAX PAID ON SUCH BUS PURCHASE WOULD BE AVAILABLE

2.THEY HAVE DEFINE SERVICES IN REGARD TO MOTOR VEHICLE ie INSURANCE,SERVICE,REPAIR & MAINTENANCE RELATE TO MOTOR VEHICLE ,VESSELS IS BLOCK