Sir,
Is it possible to get the ITC on cars for business purpose ?
4 Replies
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.
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.
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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