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