can i take input on car or other vehicles on behalf of business purposes ?
22 Replies
Shivam RC
(Student)
(23683 Points)
Replied 30 July 2021
ITC on Motor Vehicles having approved seating capacity of upto 13 persons ( including driver) is specifically BLOCKED under Section 17(5) clause (a) of the CGST Act 2017.
So you cannot take ITC on Car even if used for business purpose...
So you cannot take ITC on Car even if used for business purpose...
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
If I am using it for business purpose than can I take ITC
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
No, you can't take ITC, whether using its for business purposes or personal purpose
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
But if I am using it for transportation of Goods for business purpose than how I can't take ITC
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
If it's good carriage vehicle than u can take ITC,
but if it's passenger vahicle and u r using it as goods carriage than u can't take, as that is not considered as Goods carriage vehicle
but if it's passenger vahicle and u r using it as goods carriage than u can't take, as that is not considered as Goods carriage vehicle
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
But, as bike are used for commercial purposes i.e supply of pizza/ foods
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
Than also u can't take ITC, as it's not a commercial vehicles
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
If it's commercial vehicle than available,
if three wheeler is goods carriage than available
if three wheeler is goods carriage than available
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
How it's not allowed...as if my business is of food delivery
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