ITC on 2 wheeler purchase

Kuldeep Dhawan (Finance Manager) (49 Points)

20 January 2020

Can ITC be claimed on purchase of 2 wheeler for business purpose

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4 Replies

Ganapathi Kamath (229 Points)
Replied 20 January 2020

Only claim ITC if the 2 wheeler is exclusively used for business. Dont claim if its partially used for personal and partially for business.

RAJA P M ("Do the Right Thing...!!!") (127155 Points)
Replied 20 January 2020

No... ITC not available for the purchase of Two Wheeler...

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 21 January 2020

No..... ITC is not available , it's block u/s. 17(5) even if it is used in Business

Ganapathi Kamath (229 Points)
Replied 21 January 2020

Thanks for other people who answered and corrected me.

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