Can ITC claim on purchase of Motor bike
Sanjib (STUDENT) (66 Points)
27 June 2024Now can I claim GST input.
please advise me.
CA Anoop Kumar Sharma
(Accounts Manager)
(2065 Points)
Replied 27 June 2024
No, you cannot claim ITC on a motorbike, even if it is used for office purposes. ITC on GST paid for the purchase of a bike is not available Under Section 17(5) of the CGST Act, 2017. However, if you are in the leasing business, then input tax credit will be available.