hai sir good evening,
it is partnership firm. actually we had purchased car in the name of firm we had paid gst on car. in this regard we have to claim input or not.
6 Replies
Kuldeep Malik
(137 Points)
Replied 12 September 2020
Input can no be claimed on any motor vehicle having seating capacity of less than 13 person.
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 12 September 2020
You can not claim ITC on Car, as it's blocked u/s 17(5) of CGST Act, 2017.
Pankhuri Agrawal
(Chartered Accountant)
(412 Points)
Replied 13 September 2020
GST cannot be claimed on Car
Shivam RC
(Student)
(23683 Points)
Replied 14 September 2020
No you cannot claim ITC since Motor Vehicle is a part of the Negative list item under GST.
Input Tax Credit ( ITC ) on Motor Vehicles is specifically BLOCKED under Section 17(5) of the CGST Act 2017.
Regards.
Input Tax Credit ( ITC ) on Motor Vehicles is specifically BLOCKED under Section 17(5) of the CGST Act 2017.
Regards.
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