Eligible Input for purchase of car?

ITC / Input 472 views 7 replies
We do trading business...its proprietor concern . i have purchase new car... its Gst tax eligible for Input credit??
Replies (7)
Under section 17(5) of CGST Act, there are certain supplies on which input tax credit under GST is not available. These supplies can also be said as blocked credit. That includes: Motor vehicles and other conveyances except when they are used a) For making further supply of such vehicles or conveyances b) Transportation of passengers c) Imparting training on driving, flying, navigating such vehicles or conveyances d) For transportation of goods. Hence, if Car is going to be used for transportation of goods in your trading business, then you may take ITC. However, if that's not the case, GST on car may not be available as ITC.
No... ITC not available for the Purchase of Car if You not dealing it's related business activities...
no it is not available as per section17(5)
no it is not available as per section17(5)
if it has 13 or more passengers capacity, then you may claim ITC
Yes its in New Amended Act 31,2018 , but its not in force yet .

No. Such car credit is specifically restricted except when vehicle is used for specified purposes

Given below:

Eligible when they are used––
(i) for making the following taxable supplies, namely:—
(A) further supply of such vehicles or conveyances ; or
(B) transportation of passengers; or
(C) imparting training on driving, flying, navigating such vehicles
or conveyances;
(ii) for transportation of goods[under present GST law]


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