Dear expert, We used office car for traveling to meeting, business promotion etc. we expensed repair and maintenance of such car from a registered supplier. He charged gst, can we claim ITC of such repair bill. Please help me?
Section 17(5)(a) of CGST Act stipulates that no ITC will be available on motor car purchased except for 1) further supply of vehicles 2) transportation of passengers 3) imparting of training of driving 4) for transportation of goods As such ITC is not available on car purchase.
Since car is used for business purpose any service or repairing will be business expenditure and GST PD on such expense will be allowed