INPUT CREDIT ON DIESEL BILL ( TRANSPORTER), Goods and Services Tax - GST

[raj kapoor]

Dear Sir/Madam

I am the transporter we fill the diesel regularly can i claim input credit on Diesel Amount.

Posts / Replies

[Ganeshan Kalyani]

Diesel being petroleum product has not been subsumed into GST. Thus in my view, input tax credit on diesel is not eligible to be set off against GST payable.

[Raghunath Gadre]

Dear Sir,

You can claim the credit on LDO provided you have an invoice for the same clearing showing the GST charged on the same. moreover since its your basic input used in your business of transportation, U can claim the GST credit on the same