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TMI BlogInput credit of Heavy goods VehiclesX X X X Extracts X X X X X X X X Extracts X X X X ..... Our client has unit for job work of dyeing printing on grey fabric.They purchase Heavy Goods Carriage vehicle (Tempo) for transportation of Goods from the unit to customer place and vice versa, Unit is eligible for taking input credit of Hevy Goods carriage Vehicle? - Reply By SOWMYA CA - The Reply = ITC can be availed on purchase of Heavy goods carriage vehicle (tempo) for transportation of go ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ods from the unit to customer place and vice versa. However cost incurred on general insurance and servicing, repair and maintenance of the motor vehicle is blocked under section 17(5) - Reply By Amit Agrawal - The Reply = There is no bar in availing ITC u/s 17 (5) of the CGST Act against heavy goods carriage vehicle (tempo) when it is used for transportation of goods. Furthermore, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re is no bar in availing ITC u/s 17 (5) against 'services of general insurance, servicing, repair and maintenance' when these services are related to above-said 'heavy goods carriage vehicle (tempo) which is used for transportation of goods'. - Reply By KASTURI SETHI - The Reply = There is substance in the views of Sh.Amit Agrawal Ji. I agree with his views. - Input credit of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Heavy goods Vehicles - Query Started By: - CARajnikant Kalsariya Dated:- 9-2-2022 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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