Can we take gst input for vehicle expenses like repairing, tyres, services..
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GST on Vehicle Expenses
Replies (9)
no see negative list under GST
if u r using for business purpose like renting etc then u can take
its using in general purpose.. like going out for cheque collecting etc for business..
if u r using it exclusively for business purpose and not for personal purpose then u can but i think it will be very difficult to prove to the department that it is used exclusively for business purpose.
It is not permitted unless such vehicle is used for travel business , driving class or such other related activity on which GST is also paid
I think expenses on these items like repair, petrol , tyre etc comes within 5000/ exemption limit, no need to pay GST under RCM and claim as ITC.
In case you get GST paid invoices, you can claim as business exp to the extent vehicle is used for business purpose.
In case you get GST paid invoices, you can claim as business exp to the extent vehicle is used for business purpose.
thank you very much for valued information !
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