ITC avail or not on purchase of motor vechile for transport of own goods

If we purchase a motor vehicle (TATA ace gold seating capacity less than 13) for Transportation of goods from our office to customer place so in that case we are eligible to take ITC on that motor vehicle purchase. please clarify.
And can we also claim ITc on insurance or any other modification is done on that vehicle...
Thank u in advance
Replies (3)
Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) is available when purchasing a motor vehicle, such as a Tata Ace Gold, for transporting your own goods from your office to customers. The consensus is that ITC is indeed claimable for such vehicles, as the blocked credit under Section 17(5) specifically applies to passenger vehicles, not those used for goods transport. This also extends to claiming ITC on insurance and modifications made to the vehicle.

Yes you can claim ITC
What about claiming of ITC on insurance amount on transport motor vehicle

under section 17 (5), blocked credit is for passenger vehicle and not for other vehicle.

Thus itc on insurance too is eligible for credit.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 November 2026
Auditor

Oz Taxation

Vijayawada

Graduate (Any)

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details