LIVE GST Audit Course by CA Sachin Jain. Register Now!!

Regarding for GST ITC claim

anji (ACCOUNTANT) (142 Points)

16 April 2019

company vehicle repairs and maintenance EXPENSES gst tax can I avail gst tax .please help me

Reply
Follow
Share

4 Replies

sunil gupta (29 Points)
Replied 16 April 2019

if there is commercial vehicle and used for business purpose then you can take ITC.

Sanjiv Rajpoot (3430 Points)
Replied 17 April 2019

yes u can take itc but vehicle use for furtherance business

anji (ACCOUNTANT) (142 Points)
Replied 17 April 2019

we are using both company and personal purpose

Kishore B ( CA Final ) (490 Points)
Replied 17 April 2019

Dear Sir/Ma'am,

According to Section 17(5) of CGST Act, Input tax credit in relation to motor vehicles available only when the vehicles are used for providing following taxable supplies:

Further supply of such vehicle

Transportation of passengers

Imparting training on driving

For transportation of goods

Any repairs and maintenance in relation to above 4 exceptions, ITC is available otherwise ineligible even though motor vehicle was used for business purpose.