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ITC on E-Rickshaw

Dushant Taneja (18 Points)

09 November 2020

Can a trader claim ITC on purchase of E-Richshaw?

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6 Replies

JATINDER KUMAR (Accountant) (3662 Points)
Replied 09 November 2020

Yes.....

No restrictions if business use & use for transportation of goods

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sham sunder (67 Points)
Replied 09 November 2020

Purchase of zero rated gst goods but frieght paid to transport is under RCM or Not

Shivam RC (Student) (23683 Points)
Replied 09 November 2020

@ Dushant Sir, For what purpose you have purchased E-Rickshaw ?

Dushant Taneja (18 Points)
Replied 09 November 2020

For business goods transportation and for transportation of passengers

Bhavika Kothari (CA) (1258 Points)
Replied 20 November 2020

You can claim ITC if it is used for business purpose

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CA SANDESH MAHIPAL (Practicing in GST and MSME ) (1985 Points)
Replied 28 April 2023

Although, purchasing of motor vehicle with sitting capacity upto 13 passengers, ITC has been specifically disallowed as per Section 17(5) of CGST Act, 2017. However, by going through definition of Motor Vehicle as per Motor Vehicle Act, 1988, vehicle less than 3 tyres can not be considered as a motor vehicle.

Therefore, ITC is allowed in your case.

Regards

CA Sandesh Mahipal