ITC of four wheeler vehicle

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27 Points Posted on 09 September 2020
Recently I have purchase my new car from show room for personal use .

Authorised dealer make GST invoice & I have also provide my business GST no.

Authorised dealer show this invoice in their GST return so invoice reflect in GST 2A.
Car is used for personal use as well as business purpose.

can I claim ITC?
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On 09 September 2020 at 00:31 Report
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on a new four-wheeler purchased for both personal and business use. Despite providing a GST invoice and business GST number, the consensus is that ITC on motor vehicles is blocked under Section 17(5) of the CGST Act, 2017, regardless of its usage.

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ALWAR
32 Points Posted on 09 September 2020
No itc on car block itc u/s 17(5)
1 Reply
On 09 September 2020 at 02:43
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Tax and Business Consultant
11616 Points Posted on 09 September 2020
You can not take ITC of car whether its use for personal or business purposes, as it's blocked u/s 17(5) of CGST Act, 2017.
1 Reply
On 09 September 2020 at 08:27

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