Poonawalla fincorps
Poonawalla fincorps

Input tax credit on company leased car

This query is : Resolved 
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(Querist)
17 February 2018 Hi,

Our company has hired 2 cars from leasing company for employees. Now they are charging GST on lease amount.
Can company take input tax credit on GST charged by Lease company ?

Please clarify.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 February 2018 Input tax credit not available for leasing of car for employees.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
17 February 2018 Input tax credit not available for leased car.
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