https://www.taxtmi.com/forum/issue?id=113253 Input tax credit eligibility depends on classification and the ITC negative list: vehicles rented out fall under renting of motor vehicles (SAC 9966) rather than passenger transport (SAC 9964). The ITC negative list generally disallows credit on motor vehicle purchases except where vehicles are used to provide passenger transportation; the discussion records conflicting views on whether renting vehicles to other companies qualifies for credit and whether hirers can claim credit on such invoices. en-us Wed, 27 Dec 2017 09:29:10 +0530 Thu, 23 Jan 2025 15:55:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113253 Input tax credit eligibility depends on classification and the ITC negative list: vehicles rented out fall under renting of motor vehicles (SAC 9966) rather than passenger transport (SAC 9964). The ITC negative list generally disallows credit on motor vehicle purchases except where vehicles are used to provide passenger transportation; the discussion records conflicting views on whether renting vehicles to other companies qualifies for credit and whether hirers can claim credit on such invoices. Discussion-Forum GST Wed, 27 Dec 2017 09:29:10 +0530 https://www.taxtmi.com/forum/issue?id=113253