ITC claim on Transport service
This query is : Resolved
Subodh Kumar
(Querist)
03 May 2024
Dear All,
I have query regarding the ITC. we are providing the services as GTA with 12% GST on output services.
But vendor has charged the GST 18% under (hiring of vehicle).
please advise, can I claim the ITC? there is gap (6%) input vs output services.
your prompt response would be highly appreciated.
thanks
I have query regarding the ITC. we are providing the services as GTA with 12% GST on output services.
But vendor has charged the GST 18% under (hiring of vehicle).
please advise, can I claim the ITC? there is gap (6%) input vs output services.
your prompt response would be highly appreciated.
thanks
04 May 2024
Yes you can avail ITC , as in Section 17(5) ITC is blocked for Motor Vehicle subject to some relaxation.
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