ITC on purchase of Base Oil HSN (27101960)

This discussion explores whether transporters can claim Input Tax Credit (ITC) on base oil purchases, specifically when used as fuel for heavy vehicles like dumpers, tippers, and JCBs, or for their repair and maintenance. The availability of ITC depends on how the tax is paid: it's generally allowed if paid under forward charge, but not if paid by the recipient under the Reverse Charge Mechanism (RCM), as per Section 17(5).