Itc On Vehicle Repairing Exps

Om Parikh
watch_later 9 months ago

Can i take ITC on Vehicle maintenance expenses for a proprietorship business ?

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2 Answers

anonymous user watch_later 9 months ago

CGST Act prohibits ITC for purchase of vehicles, but there is no restriction on repairs of vehicles.

You can take ITC on repair of vehicles.

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GST Payer watch_later 9 months ago

Yes you are eligible to take Input Tax Credit on repairs of vehicle. Restriction is on purchase of vehicle and not on repairs or maintenance of vehicle.

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