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GST - input claim Repairs & Maintenance

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..... GST - input claim Repairs & Maintenance
Query (Issue) Started By: - shobiraj t Dated:- 22-9-2020 Last Reply Date:- 25-9-2020 Goods and Services Tax - GST
Got 2 Replies
GST
Sir, Our consu .....

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..... ltant has filed our GST returns by claiming input credit on reparis and maintenance ( financial year 2019-20) a) GST -input credit on Repairs and maintenace ( input credit on paint purchase ) b) GS .....

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..... T - input credit on Vehicle reparis and maintenance ( we are a trading concern - delivery goods to our customers by truck ( commercial vehicle ) c) GST - INPUT Credit on vehcilce repairs and maintea .....

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..... nce - Car - used for delivering materials ( not a commercial vehicle ) Sir, i came to know that we cannot claim Input credit on repairs and maintenance - Building & , vehicle Kind request, I want to .....

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..... know whether Input credit is eligible or in eligible Kind regards shobiraj Reply By KASTURI SETHI: The Reply: Query-wise reply is as under:- 1. ITC is allowed if these expenses are not capitaliz .....

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..... ed in books of account. 2. Allowed 3. Not allowed. Reply By Ganeshan Kalyani: The Reply: I agree with Sri Kasturi Sir. ITC on repairs and maintenance expense is allowed only when it is not capital .....

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..... ized in the books. And ITC on repairs to commercial vehicle is allowed where as on car it is not allowed.
Discussion Forum - Knowledge Sharing .....

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