RENT FOR BUS

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78 Points Posted on 02 March 2020
Sir, Company arranged Bus for Employees (daily Shift wise pickup & drop) ITC AVAILABLE ?
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On 02 March 2020 at 04:18 Report
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This discussion clarifies the availability of GST Input Tax Credit (ITC) for company-provided employee buses. While generally considered a blocked credit under Section 17(5) of the CGST Act, ITC may be claimable if the bus has a seating capacity exceeding 13 people (including the driver). The same principle applies to school buses purchased for student transport.

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NO
30 Points Posted on 02 March 2020
No ITC is available it is under block credit as per section 17(5) of CGST act
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On 02 March 2020 at 08:51
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PARTNER
215 Points Posted on 02 March 2020
Itc is not available.. blocked credit
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On 02 March 2020 at 10:39
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NO
30 Points Posted on 02 March 2020
Please ignore my earlier reply
ITC is available if seating capacity is more then 13(including driver) . in that case ITC
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On 02 March 2020 at 10:56
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11 Points Posted on 03 March 2020
If a school buy a bus for students convince (School bus) can claim ITC on that bus
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On 03 March 2020 at 09:11

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