ITC on RCM paid on rent a cab

19 March 2024

Can a company claim ITC on Rcm paid on rent a cab?

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7 Replies

ASHWANI SAIN (TAX LAWYER) (25 Points)
Replied 19 March 2024

Yes allowed

SUKHVEER SINGH (45 Points)
Replied 19 March 2024

But in section 17(5) renting of vehicle it's blocked credit

sabyasachi mukherjee (27574 Points)
Replied 19 March 2024

Try to know the conditions of blocked credit.

SUKHVEER SINGH (45 Points)
Replied 19 March 2024

Kindly guide

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 March 2024

@ SUKHVEER SINGH...

ITC not allowed....

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sabyasachi mukherjee (27574 Points)
Replied 21 March 2024

Sukhveer even if someone tells act is there.

CMA Sagar Das (Working in Manufacturing Comapny) (149 Points)
Replied 21 March 2024

ITC is not available on rent a cab.

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