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ITC on Vehicle Repair
Can I claim ITC on Repairs of Cars registered in business(not used in further supply) and Bolero used for transportation of goods to client place and its insurance
Replies (4)
No... ITC not available for vehicle repairs and maintenance except used in furtherance of business...
Yes, I agree with Mr. Raja ki
in addition, ITC shall be available for transportation of goods
in addition, ITC shall be available for transportation of goods
ITC is block U/s 17(5)
As per the Provision of Section 17(5) clause (a) of the CGST Act 2017, Input Tax Credit ( ITC ) is Blocked on Motor Vehicles with few exceptions.
Section 17(5) clause (a), sub-clause (ab), of the CGST ( Amendment ) Act 2018, further clarifies that no ITC will be available on Services of General Insurance, Repairs and Maintenance of Car etc .
Hence you cannot claim ITC on Repairs and Maintenance, General Insurance of the Car whose ITC is blocked u/s 17(5)(a).
Warm Regards.
Section 17(5) clause (a), sub-clause (ab), of the CGST ( Amendment ) Act 2018, further clarifies that no ITC will be available on Services of General Insurance, Repairs and Maintenance of Car etc .
Hence you cannot claim ITC on Repairs and Maintenance, General Insurance of the Car whose ITC is blocked u/s 17(5)(a).
Warm Regards.
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