GST Input RCM Paid on Vehicle on Rent
CA Shubham Gupta (1 Points)
22 October 2023
Are we eligible for GST input on RCM Paid for Vehicle on Rent for Employees transportation.
3 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 23 October 2023
As per section 17(5)(b)(I) of the CGST Act , renting and hiring of Motor vehicle is block credit, so you Can not take input tax credit. take other opinion as well.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 October 2023
Yes I agreed with Mr Prasad Nilugal...
Narayanan S
(96 Points)
Replied 24 October 2023
ITC would be admissible on leasing, renting Or hiring of a motor vehicle where the approved seating capacity is more than 13 passengers (including driver)
Recent Topics
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
Related Threads
CAclubindia
