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Motor vehicle ITC
Can we claim ITC of motor vehicle purchase if we use this motor vehicle for our own business,.
Replies (3)
As per section 17(5)(d) of the CGST act 2017 input tax credit is not available in respect of Motor vehicles , except when they used
1) Further supply of such vehicles
2) Transportation of passengers
3) Imparting training on driving , flying , navigating such vesicles
(ii) Transportation of taxable goods .
please confirm with others also.
Yes, if u use motor vehicle wholly or exclusively for your business purpose i.e. transportaion of goods
u can not claim input becaue it mentioned in blocked credit
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