Question
Will ITC be allowed on motor vehicles) used to transport goods from one place to another??
Answer
Facts of the case: Motor vehicle is used
to transport goods from one place to another.
Law Applicable:
SECTION 17 OF CGST ACT
(5) Notwithstanding anything contained in sub-section (1) of section 16 and
subsection (1) of section 18, input tax credit shall not be available in respect
of the following, namely:-
(a) motor vehicles for transportation of persons having approved seating
capacity of not more than thirteen persons (including the driver), except when
they are used for making the following taxable supplies, namely:-
(A) further supply of such motor vehicles; or
(B) transportation of passengers; or
(C) imparting training on driving such motor vehicles;
Interpretation: The ITC is restricted under section 17 of CGST Act.
Section 17(5)(a) specifically restricts ITC on motor vehicles used for
transportation of Passengers except if used for above mentioned taxable
supplies.
Since Section 17(5) never blocks ITC on Motor vehicles used for transportation
of goods, therefore ITC is eligible on motor vehicles used for transportation of
goods.
Conclusion: ITC is eligible on motor vehicles used for transportation of
goods as it is not blocked under section 17(5) of CGST Act. (Reply dt
07/06/2019)