My point of is different in this regard anything related to motor vehicle can't avail ITC
below is the section 17(5) :
The word ' In respect of' means 'related to'
5] Notwithstanding anything contained in sub-section [1] of Section 16 and subsection [1] of Section 18, input tax credit shall not be available in respect of the following, namely:-
[a] motor vehicles and other conveyances except when they are used--
My point of is different in this regard anything related to motor vehicle can't avail ITCbelow is the section 17(5) : The word ' In respect of' means 'related to'5] Notwithstanding anything contained in sub-section [1] of Section 16 and subsection [1] of Section 18, input tax credit shall not be available in respect of the following, namely:-[a] motor vehicles and other conveyances except when they are used--
if that is your pesonal vehucle no ITC .. if you use in business (loading unloading vehicle not for car) , tranportation of passenger then you can claim if your business belongs to motor vehicle then you can claim ...
@ RAJA sir I agree to the link u posted , but still I am sorry my point view is different. yes if it is use as freight wagon then ITC can be claim , but in proprietary concern if car which own by proprietor, ITC on its repair cannot be claim. 🙏🙏🙏🙏🙏🙏
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