ITC ON PURCHASE OF CAR UNDER GST

This query is : Open

NIRMAL DAVE (Querist)
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08 January 2020 DEAR ALL,

CAN A TRADER OF GOLD/SILVER ORNAMENTS CLAIM ITC ON PURCHASE OF CAR FOR HIS BUSINESS PURPOSE UNDER GST?

THANKS & REGARDS
NIRMAL DAVE

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 January 2020 Car is a personal transport vehicle so ITC not allowed.

CA SANDESH MAHIPAL

CA SANDESH MAHIPAL (Expert)
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11 January 2020 purchase of car falls under blocked credit under section 17 subsection 5. a trader of gold cannot avail ITC for the same. hope your query has been resolved.

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