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Availability of Input Tax Credit

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(Querist)
15 February 2020 My company is registered firm & Now want to purchase a luxury car (innova) my question is whether we can take input on GST charged on purchase of car & my second query is, company want to purchase a Flat also for Guest House purpose so query is the same whether GST Input will be available to us which will be charge by the builder.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 February 2020 ITC can't be taken on car and flat as it falls under blocked credit.
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Gokul Sharma

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Gokul Sharma (Expert)
15 February 2020 both the ITC will not be eligible as its not related to furtherance of business.
and these expenses are personal in nature.
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