INPUT AGAINST CAR REPAIR CHARGES ADMISSIBLE TO PARTERNERSHIP FIRM
DEAR SIR,
WE HAVE CAR IN THE NAME OF PROPRIETOR OF PARTNERSHIP FIRM AND NOW REPAIRED THE CAR AND BILLED APPX 40000. IF GST ON CAR REPAIR AMT ADMISSIBLE TO TAKE CREDIT .PL REPLY AND CAR IS HUNDAI ALENTRA APPX 5 YRS OLD AND CAR BELONGS NAME OF ONE PARTNER.
REGARDS,
N K ROY
9427181604
ITC on Car Repair Costs Denied Under GST; Section 17(5) CGST Act Cited for Ineligibility A query was raised regarding the eligibility for Input Tax Credit (ITC) on car repair charges under the Goods and Services Tax (GST) framework. The car, owned by a partner of a partnership firm, was repaired at a cost of approximately 40,000. Two responses clarified that ITC is not permissible in this case, referencing Section 17(5) of the Central Goods and Services Tax (CGST) Act, which denies ITC for such expenses. The inquirer acknowledged the responses. (AI Summary)
Goods and Services Tax - GST
TaxTMI 
TaxTMI 
