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of <h1>Understanding ITC Eligibility: Section 17(5) CGST Act on Blocked Credits for Vehicles and Transport Services</h1> Section 17(5) of the CGST Act outlines blocked credits, specifying purchases on which businesses cannot claim Input Tax Credit (ITC). Motor vehicles used for transporting persons with up to 13 seats are generally ineligible for ITC unless used for further supply, passenger transport, or driving training. Demo vehicles used by dealers for sales promotion are eligible for ITC. Vessels and aircraft used for goods transport or specified taxable supplies also qualify for ITC. Insurance companies may claim ITC on repairs in cashless settlements but face challenges in reimbursement cases. Examples illustrate ITC eligibility based on vehicle use and capacity.
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