Input Tax Credit

[VIGNESH]

sir.1. Construction Equipment Vehicles (Road Roller, JCB, Procrane) - eligible for Input Tax Credit 2. industrial cranes/ post lift used to lift goods are eligible for ITC?

[Shilpi Jain]

Yes eligible as these are not vehicles for transportation of persons.

[KASTURI SETHI]

Sh.Vignesh Ji,

Yes. ITC is allowed. May I ask the real reason behind asking this simple question ? What has raised doubt in your mind ? What is brewing in your mind ? Keeping in your knowledge and experience, such simple query is not digestible ?

Will you please clariify ?

[YAGAY andSUN]

In our view, you are eligible for ITC on such non transport vehicles. Further, you would have to get the registration with Jurisdictional RTO and pay the tax on such motor vehicles.

AI Summary

Eligibility of Input Tax Credit for Construction Equipment Vehicles Confirmed Under GST; Registration May Be Required A query was raised regarding the eligibility of Input Tax Credit (ITC) for construction equipment vehicles like road rollers, JCBs, and industrial cranes under the Goods and Services Tax (GST). Three replies confirmed the eligibility, noting that these vehicles are not used for transporting people. One respondent questioned the simplicity of the query, suggesting it should be straightforward given the inquirer's experience. Another response added that registration with the Jurisdictional RTO and tax payment on these motor vehicles might be necessary. The discussion focused on knowledge sharing about ITC eligibility for non-transport vehicles.