Queries regarding gst input credit

ITC / Input 380 views 6 replies

Sir,

Shall a construction material supplier gets input credit on purchse of trucks and dumpers for transpotation of material? And for purchase of motor parts and tyres to be used in trucks and dumpers?

 

Replies (6)
ITC will be allowed on motor vehicles (and other conveyances) used to transport goods from one place to another.Your case covered in exception to ITC not available in case of motor vehicle.you can claim ITC on Trucks, dumpers, its parts and tyres.
Originally posted by : Shailesh Bhagat
Sir,

Shall a construction material supplier gets input credit on purchse of trucks and dumpers for transpotation of material? And for purchase of motor parts and tyres to be used in trucks and dumpers?

 

You can claim ITC 

Yes you can take input credit provided it is excusively used for transportation of goods. Kindly refer section 17(5)(a)(ii).
As u r registered for selling construction material but not as transporter, so u would not be elegible to take ITC on purchase of truck, tyre etc.
Yes it is correct agree with you sandeep sir.

Sir there is no such provision and condition that user of motor vehicles should be a tranporter. It say that motor vehicle should be used for transportaion of goods.


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