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Itc on car for business purpose

Muhammed Rafi (16 Points)

23 May 2019

Sir,

Is it possible to get the ITC on cars for business purpose ?

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4 Replies

Mahesh Bingi (Tax return preparer) (457 Points)
Replied 23 May 2019

Possible if no depreciation.

DARSHIT RATHOD (27 Points)
Replied 23 May 2019

No. As per sec 17 of cgst act, itc on car is not allowed. It comes under block credit. However if you are a transportor or in transport business then you can claim itc of the said car.

VIKAS SAINI (1157 Points)
Replied 23 May 2019

👌 👌 👌 👌

Shivam RC (Student) (23683 Points)
Replied 23 May 2019

No...

ITC on Motor Vehicles is BLOCKED u/s 17(5) of the CGST Act 2017.

Hence, you cannot claim ITC on Car.

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