hai sir good evening,
it is partnership firm. actually we had purchased car in the name of firm we had paid gst on car. in this regard we have to claim input or not.
Menu
REGARDING INPUT
Replies (6)
Quick Summary
Input can no be claimed on any motor vehicle having seating capacity of less than 13 person.
You can not claim ITC on Car, as it's blocked u/s 17(5) of CGST Act, 2017.
Thanking you sir
GST cannot be claimed on Car
Good morning to all experts in GST
No you cannot claim ITC since Motor Vehicle is a part of the Negative list item under GST.
Input Tax Credit ( ITC ) on Motor Vehicles is specifically BLOCKED under Section 17(5) of the CGST Act 2017.
Regards.
Input Tax Credit ( ITC ) on Motor Vehicles is specifically BLOCKED under Section 17(5) of the CGST Act 2017.
Regards.
Recent Topics :
- LTCG on property sale
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
- Last Date To Fill ITR For Non-Audit Case
- Guidance Required on Filing Fresh Registration und
- IT Return Refund Status AY 2026-27
- Clarification Regarding Income Tax Demand Notice
Related Topics :
CAclubindia
