Itc on car purchased for business purpose

Sir,

Is it possible to ITC on car purchased  for business purpose???

Replies (8)
itc not available for motor vehicles and other conveyances except when they are used(means for following purpose it is allowed)--

[i] for making the following taxable supplies, namely:-

[A] further supply of such vehicles or conveyances ; or

[B] transportation of passengers; or

[C] imparting training on driving, flying, navigating such vehicles or conveyances;

[ii] for transportation of goods;

[b] the following supply of goods or services or both-
please clarify your business

we are a manufacturing, using vehicles for conveyance of labour and vehicles are using by management and staff, then the 

The following also not eligible
[iv] travel benefits extended to employees on vacation such as leave or home travel concession

only daily working people, nothing but IT cab- pick up and drop

Dear Sir,

what about the ITC on repairs & maintenance  for the same vehicle which we  grouped under Capital Asset .i.e we are not utilising the ITC on purchase of CAR , then what about the eligibity regarding on ITC on Repairs & Maintanence for the Vehicle. 

As per my personal opinion, No ITC on purchase of motor vehicles but on repair and maintenance ITC available. I personally found that no restriction on ITC on repair and maintenance.

It is personal opinion if anybody have different view then views are welcome. Thanks. Disclaimer: it is not Professional Advice.
ITC allowed on repairs and maintenance, There is no restriction on that

please refer the following there is tweets by GOI about ITC on repairs
https://www.tipsntricksguru.com/2017/09/25/gst-itc-on-repairmaintenanceservice-bills-of-car/

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics :

Loading
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details