ITC on motor vehicle

[THYAGARAJAN KALYANASUNDARAM]

Dear experts,

I have one small clarification on ITC eligibility in the following.

My client is a trader for supplying of goods to various locations in India through his own motor vehicles that was purchased in his company name. Will he be eligible to claim ITC against the purchase of motor vehicle.

Thanks on advance.

AI Summary

Input tax credit on goods vehicles permitted; claim extends to related repair and insurance when used for goods transport.
Input tax credit is available for motor vehicles used for the transportation of goods; amendments to the exclusion provision now focus on passenger vehicles, leaving goods-transport vehicles eligible for credit. Costs directly attributable to such goods-transport vehicles, including repair, servicing and insurance, are also eligible for input tax credit when used in furtherance of business.