Скачать или смотреть GST Blocked Credit Explained: Motor Vehicles with 4 Wheels & 25cc Engine Capacity

GST Blocked Credit Explained: Motor Vehicles with 4 Wheels & 25cc Engine Capacity

Did you know certain small vehicles are not considered "motor vehicles" under the Motor Vehicles Act?

This video breaks down how Section 17(5) of the CGST Act applies:

• Definition Exclusion: Vehicles with 4 wheels & 25cc engine are excluded from the Motor Vehicles Act definition.
• ITC Eligibility: As a result, input tax credit (ITC) is claimable on such purchases.
• Practical Insight: Great news for businesses using electric scooters or low-capacity 2-wheelers for delivery or internal transport.
• Permissible Exceptions: ITC is also allowed on motor vehicles when used for:

Further supply e.g. dealerships

Passenger transport

Driving training schools

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