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itc on purchase commercial vehicle, Goods and Services Tax - GST

Issue Id: - 115850
Dated: 4-1-2020
By:- baijukumar jha
itc on purchase commercial vehicle

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Dear Sir

i am sole proprietor of Readymade Garment job work company, i am registered in GST

i want to purchase Commercial Vehicle for Goods supply one company to another company

could i claim ITC on purchase vehicle.

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Posts / Replies

Showing Replies 1 to 4 of 4 Records

1 Dated: 4-1-2020
By:- Rajagopalan Ranganathan

Sir,

According to Section 17 (5) (a) of CGST Act, 2017 "input tax credit shall not be available in respect of motor vehicles for transportation of persons having approved seating capacity of not more than thirteen persons (including the driver). Since you are purchasing commercial vehicle for goods supply you are eligible to claim ITC of tax paid at the time of purchase of vehicle.


2 Dated: 4-1-2020
By:- Spudarjunan S

Dear Sir,

In terms of section 17(5) - the restriction is only for motor vehicles for transportation of passengers (here it is based on the design from the manufacturer not solely based on the use). For instance you can't take ITC on purchase of Swift D'zire even if you use the same for transportation of goods, as the vehicle is designed for transportation of passenger.

Hence, if the vehicle is for transportation of goods, there is no restriction under GST to avail the credit unless it is used for exempt supplies.

For detailed understanding on ineligible ITC you may refer the below mentioned link -

https://taxguru.in/goods-and-service-tax/gst-itc-ineligible-changes-w-e-f-1st-february-2019.html


3 Dated: 4-1-2020
By:- KASTURI SETHI

ITC is allowed.


4 Dated: 10-1-2020
By:- Ganeshan Kalyani

ITC is allowed on vehicle used for other than tranporting of passenger.


1

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