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ITC ON MOTOR VEHICLES

03 July 2021

my clint is propreitorship firm for CONTRACTOR and he was a purchase dumper for material supply
I can take itc ?
plz reply

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4 Replies

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 03 July 2021

You can take itc provided your outward supply is taxable.

CMA Poornima Madhava (CMA) (13097 Points)
Replied 03 July 2021

Yes, you may be able to avail ITC in this case.

Jigar (B.Com) (153 Points)
Replied 03 July 2021

Yes you can claim ITC, because as per sec. 17 (5), ITC is available on vehicles used for supply of goods and materials.

Shivam RC (Student) (23683 Points)
Replied 04 July 2021

Input Tax Credit ( ITC) used for "transportation of goods" is not Blocked u/s 17(5) clause (a) of the CGST Act 2017. Hence you can claim ITC provided all the four conditions as laid down u/s 16(2) of the CGST Act 2017 is satisfied.

Regards.

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