CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 29 September 2017
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 29 September 2017
Abhishek Singhai
(2 Points)
Replied 19 September 2018
sir, i am in business in edible oil distributership i own a truck and also propritor of my firm .
I use this truck to transportation of goods which i purchase from companies to my warehouse.
can i get ITC on tyres purchase for my truck as my business is not tranporter i use my truck for only for my business goods movement
CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 21 September 2018
Akash Goswami
(2 Points)
Replied 01 November 2018
Sir i am purchase the Tyre for Truck on firm gst no. truck mention in firm Balance Sheet than wer are useing ITC on Tyre purchas. Give mi suggestion.
CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 16 June 2019
Ritu Rawat
(Manger)
(22 Points)
Replied 01 November 2019
ITC cannot be claimed on car tyres as it is restricted by section 17(5). However, you can get damaged tyres replaced if the tyre maker provides limited time unconditional warranty. For example, Apollo Tyres offers up to 5 years of warranty on some of their car and SUV tyres, which includes a 2-year unconditional warranty for all kinds of tyre damage (impact, sidewall, etc.)
Arnab Gupta
(2 Points)
Replied 03 November 2020
It can be understood by the r/c book of the particular vehicle whether it's a private or commercial vehicle.
One can't use a private vehicle (white number plate) for commercial purpose like hiring or transporting.
Commercial cars will have a yellow number plate
Rahees Kappan
(2 Points)
Replied 06 October 2021
As per section 17(5), repairs and maintenance of vehicles having seating capacity of less than 13 persons are blocked. So in the current situation it is irrelavant that you are getting bill in the name of firm or not. in both cases purchase of tyres are blocked.
Even if you are planning to capitalize the tyres, then purchase of motor vehicles is blocked under 17(5)
in short, you can't claim the input eventhough you are showing as capital nature or revenue nature
For any further clarification, feel free to revert back
XS Communications
(4 Points)
Replied 26 November 2021
Sir mera work scrap ka hai or maine chota hathi liya hai scrap ko deliver karne ke liye
es par input mil sakta hai agar new Tyre purchase karu to
XS Communications
(4 Points)
Replied 26 November 2021
Sir mera work scrap ka hai or maine chota hathi liya hai scrap ko deliver karne ke liye
es par input mil sakta hai agar new Tyre purchase karu to
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