ITC Claim on Insurance of Motor Vehicle

If Vehicle Capacity more than 13 seater, then ITC on Insurance is eligible. if less than 13 seater vehicle then not eligible

You can avail ITC, if it is used for Transport of Goods purpose. 

Dear  Pankaj ji, In ref Act ,

""(aa) vessels and aircraft except when they are used––
     (i) for making the following taxable supplies, namely:—
            (A) further supply of such vessels or aircraft; or
            (B) transportation of passengers; or
            (C) imparting training on navigating such vessels; or
            (D) imparting training on flying such aircraft;
    (ii) for transportation of goods;  ""

As per Above ITC not available only except it is used for above scenario. Then we can avail if it used for the purpose of " "Transportation of Goods ".

Please reply  if it is wrong.

As per the recent amendment applicable from 1st February, 2019

ITC on Insurance on motor vehicles cannot be claimed unless the same is used for transportation of passengers which has a seating capacity of more than 13.

In this case ITC cannot be claimed

Regards 

Dear Muhammed ji, in Amendment act only Transportation of Passengers provision are amended. For the case of Transportation of goods no amendment, either prior to amendement act or now we eligible to Avail ITC on Transporation of goods vehicle.