https://www.taxtmi.com/forum/issue?id=116134 Input tax credit is available on a truck used for internal transportation where the vehicle is capitalised in the claimant's books and used in the course or furtherance of business; depreciation under the Income Tax Act will not be claimed. The restriction on motor vehicle credit applies to passenger vehicles and does not deny credit for vehicles used to transport goods, a position supported by administrative rulings and commentary. en-us Fri, 13 Mar 2020 16:54:48 +0530 Thu, 23 Jan 2025 15:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116134 Input tax credit is available on a truck used for internal transportation where the vehicle is capitalised in the claimant's books and used in the course or furtherance of business; depreciation under the Income Tax Act will not be claimed. The restriction on motor vehicle credit applies to passenger vehicles and does not deny credit for vehicles used to transport goods, a position supported by administrative rulings and commentary. Discussion-Forum GST Fri, 13 Mar 2020 16:54:48 +0530 https://www.taxtmi.com/forum/issue?id=116134