ITC on rental charges of cabs for employees

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Article
281 Points Posted on 03 January 2024
The company has rented a vehicle which is further rented out to employee . Whether gst input is available on the rental charges paid by the company ?
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On 03 January 2024 at 11:02 Report
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Quick Summary
This discussion clarifies the availability of GST input tax credit (ITC) on cab rental charges paid by a company for vehicles rented out to employees. The consensus is that such ITC is generally blocked under Section 17(5)(b)(i) of the CGST Act. However, an exception exists if the company's line of business involves providing such transport services.

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62 Points Posted on 03 January 2024
No. It is blocked credit covered under section 17(5)
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On 03 January 2024 at 13:55
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"Do the Right Thing...!!!"
128162 Points Posted on 03 January 2024
Yes I agreed with Mr. Siddharth,

The said ITC is blocked as per sec 17(5) of GST act...
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On 03 January 2024 at 20:32
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Account
408 Points Posted on 04 January 2024

No available

blocked under 17(5)(b)(i) of CGST Act

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On 04 January 2024 at 16:43
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Profession
28271 Points Posted on 05 January 2024
Input tax credit can be availed provided the line of business is deviated.
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On 05 January 2024 at 10:30

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