Restriction on availment of ITC in case of purchase of motor vehicle.
No such restriction on repair on motor vehicle.
My opinion, you will be eligible to take ITC on the same.
Yes ITC is available for the repairs and maintenance...
Hi,
As per Sec 17(5)-"input tax credit shall not be available in respect of the following......-
As the law uses the words 'in respect of' the scope is restricted .However if the same was 'in relation to' then we would have considered a wider scope and same way tax paid with respectto repairs and maintenanece of a motor vehicle would not have been available for claim of ITC.
As words are restictive in nature we sholud only restrict our scope to motor vehicle.
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