Itc on Motor Vehicle

Dear sir

I bought a motor vehicle for rent a cab service , can I get it Itc in such cases.
Replies (5)

Yes, you may avail ITC

ITC is available - 

When Motor vehicles are used for              

 i) further supply of such vehicles or                             

ii) transportation of passengers or                        

iii) imparting training on driving of such motor vehicles. 

ITC would further be admissible for leasing, renting or hiring of motor vehicles when such motor vehicles are used for above said purposes or where the recipient is engaged in the manufacture of such motor vehicles or in the supply of general insurance services in respect of such motor vehicles insured by him.

 

yes u may avail ITC
ITC Available, provided that you satisfy all the FOUR CONDITIONS as laid down under SECTION 16(2) of the CGST Act 2017.

When Motor vehicles are used for              

 i) further supply of such vehicles or                             

ii) transportation of passengers or                        

iii) imparting training on driving of such motor vehicles. 

ITC would further be admissible for leasing, renting or hiring of motor vehicles when such motor vehicles are used for above said purposes or where the recipient is engaged in the manufacture of such motor vehicles or in the supply of general insurance services in respect of such motor vehicles insured by him

When Motor vehicles are used for              

 i) further supply of such vehicles or                             

ii) transportation of passengers or                        

iii) imparting training on driving of such motor vehicles. 

ITC would further be admissible for leasing, renting or hiring of motor vehicles when such motor vehicles are used for above said purposes or where the recipient is engaged in the manufacture of such motor vehicles or in the supply of general insurance services in respect of such motor vehicles insured by him

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details