ITC ON MAINTENANCE REPAIR OF CAPITAL GOODS.

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17 Points Posted on 25 September 2021
whether a works contract service provider is eligible to take itc on maintenance repair of capital goods viz. cranes, tractor etc. used by him in works contract. ( section 17(5) blocked credit should be kept in mind while answering)
thanks.
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On 25 September 2021 at 22:58 Report
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Quick Summary
This discussion clarifies whether a works contract service provider can claim Input Tax Credit (ITC) on the maintenance and repair of capital goods, such as cranes and tractors, used in their operations. The consensus is that ITC is indeed claimable for these expenses, even when considering the blocked credit provisions under Section 17(5).

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GST Consultant
15986 Points Posted on 25 September 2021

Yes ITC can be claimed

No issue.

1 Reply
On 25 September 2021 at 23:00
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Chartered Accountant
24588 Points Posted on 26 September 2021
Yes ITC can be claimed
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On 26 September 2021 at 05:56

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