Itc on vehicle purchase

ITC / Input 562 views 7 replies

Please suggest me the answer. One of my client doing supply of building materials with GST. Now they purchased a heavy vehicle for their business purposes. Whether they can claim ITC from the above vehicle purchase value??

Replies (7)
Yes ITC can be claim....
Sir,

as per section - 17(5)

Motor vehicles and other conveyances except when they are used--

[i] for making the following taxable supplies, namely:-

[A] further supply of such vehicles or conveyances ; or

[B] transportation of passengers; or

[C] imparting training on driving, flying, navigating such vehicles or conveyances;

[ii] for transportation of goods.

so as per above explanation u can claim ITC.
Yes... The Client claim ITC as per above details. No more restriction.
Originally posted by : Mayur Patil
Yes ITC can be claim....

Thank you brother..

Originally posted by : Mayur Patil
Yes ITC can be claim....

Thank you all brothers for your timely reply.

Thank you all brothers for your timely reply.
 

furtherence of business itc enjoy


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