Input Tax Credit on Car of Director not Available under GST ?
As per the FAQ’s on GST released by CBEC, Question No 23 of Input Tax Credit provides the following calrification
Q 23. A Taxable person is in the business of information technology. He buys a motor vehicle for use of his Executive Directors. Can he avail the ITC in respect of GST paid on purchase of such motor vehicle?
Ans. No. As per section 16(9)(a) of the MGL, ITC on motor vehicles can be availed only if the taxable person is in the business of transport of passengers or goods or is providing the services of imparting training on motor vehicles
Education Guide on Goods & Service Tax (GST)