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Regarding for GST ITC claim
company vehicle repairs and maintenance EXPENSES gst tax can I avail gst tax .please help me
Replies (4)
if there is commercial vehicle and used for business purpose then you can take ITC.
yes u can take itc but vehicle use for furtherance business
we are using both company and personal purpose
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.
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