gst on passenger cars

[umesh kk]

I am very interested to know about how GST is calculated on passenger cars produced by a company. How they claim input tax credit on the parts/materials purchased from outside?

i expect explanation with examples

[DR.MARIAPPAN GOVINDARAJAN]

It is some what an elaborated one. In this forum we have to discussed on queries. Your query is supposed to know something new. Please refer the provisions of law in this regard. Any doubt you may ask here.

[Ganeshan Kalyani]

Your curiosity of knowing the applicability of GST on outward supplies and the provisions / restriction on claiming input tax credit is really appreciable. However, as stated by Sri Mariappan Sir, this would require a detailed write-up to cover all the aspect of taxability of a product and the conditions for availing the credit. Here, we would be able to solve your query. So, Kindly post your query, in specific.

[KASTURI SETHI]

I support the views of both experts. Such type questions are posted because this forum is free of cost.

AI Summary

Understanding GST on Passenger Cars and Input Tax Credit for Parts: Seek Legal Provisions for Detailed Guidance A participant inquired about the calculation of Goods and Services Tax (GST) on passenger cars and the process for claiming input tax credit on purchased parts and materials. Respondents advised that the topic requires a detailed explanation and suggested referring to legal provisions for comprehensive understanding. They encouraged posting specific questions for more precise assistance, acknowledging the complexity of the subject and the forum's purpose of free knowledge sharing.