In put tax credit

[Ravikumar Doddi]

Motors vehicles used in transportation of his own goods in a factory/manufacturing concern is he eligible to ITC as per Section 17(5)a(II) of CGST Act.

AI Summary

Eligibility for Input Tax Credit on Goods Transport Vehicles Confirmed Under Section 17(5)(a)(II) of CGST Act A query was raised regarding the eligibility for input tax credit (ITC) under the Goods and Services Tax (GST) for motor vehicles used in transporting goods within a manufacturing concern, referencing Section 17(5)(a)(II) of the Central Goods and Services Tax (CGST) Act. Three respondents, including a company secretary and two others, confirmed that ITC is indeed admissible for such vehicles. The discussion served as a platform for knowledge sharing among the participants.