ITC ON REPAIRS AND MAINTENANCE OF TRUCK

This discussion clarifies the eligibility for claiming Goods and Services Tax (GST) Input Tax Credit (ITC) on expenses related to trucks. Generally, ITC on truck purchases, insurance, repairs, and maintenance is not allowed, as per exceptions in Section 17(5) of the GST Act. However, exceptions exist, particularly if the truck is used for providing GTA (Goods Transport Agency) services or is let out for such purposes.