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Repair input

Bhagwandass Puranchand (132 Points)

07 July 2018

can we avail input in vehicle repair

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RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 07 July 2018

Originally posted by : Bhagwandass Puranchand
	can we avail input in vehicle repair

Yes... You can if it's in Your books of Accounts.

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CA Sunil Kumar (Chartered Accountant) (4524 Points)
Replied 07 July 2018

It would be better if not take ITC on vehicle repair because Clause (a) to section 17 (5 ) , declares motor vehicles and other conveyances as blocked credit, subject to certain exceptions. Accordingly no ITC is available in respect of motor vehicles.
So non availing itc on repair of vehicle is safer side.

Saurav Bhattacharya (258 Points)
Replied 07 July 2018

no you can not avail ITC on vechile repair.

RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 07 July 2018

https://www.google.co.in/amp/tipsntricksguru.com/amp/2017/09/gst-itc-on-repairmaintenanceservice-bills-of-car//

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Vinod Babu (24191 Points)
Replied 08 July 2018

Raja sir... Thank you for your valuable links.

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RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 08 July 2018

You are most welcome Mr Vinod Babu.,

It's just sharing and Caring platform...
From here we get knowledge and Sharing to others...

GOD BLESS YOU ALL...