Input Tax Rent a Cab Service

This discussion addresses whether a private limited company can claim input tax credit (ITC) on rent-a-cab services where 12% GST was charged. According to Section 17(5)(b)(i) of the CGST Act, renting of motor vehicles is generally considered a blocked credit, meaning ITC cannot be claimed. The applicability of RCM or FCM might also be relevant depending on the service provider's status, but in most cases, ITC is not available for these services.