CA Mayur Todmal
(Practicing CA)
(7645 Points)
Replied 19 April 2018
For what kind of business ?
Credit is available if used for :
Goods transportation, passenger transportation, training on driving, flying, navigating such vehicle,business of supplying vehicle
RAJA P M
("Do the Right Thing...!!!")
(127984 Points)
Replied 19 April 2018
Ravi Gupta
(2 Points)
Replied 13 September 2018
As per subsection 5 of section 17 of CGST ACT, 2017, ITC is not available on motor vehicle. Except Goods transportation, passenger transportation, training on driving, flying, navigating such vehicle,business of supplying vehicle
In the above facts if motor vehicle is utilise for transportation of goods than ITC of the same should be allowed.
In the first para , it seems that ITC will allow if the motor vehicle is utilise for TRANSPORTATION OF GOODS IRRESPECTIVE OF TYPE OF BUSINESS, Either GOODS TRANSPORTATION AGENCY Or any other business.
Therefore ITC should be allowed on motor vehicle utilised for transportation of goods in any business . The motive is transportation of goods.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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