Question

why is purchase of truck by production unit for carrying goods is gdpfc ?​

Answer 1

Answer:

Sir,

According to Section 17 (5) (a) of CGST Act, 2017 "input tax credit shall not be available in respect of motor vehicles for transportation of persons having approved seating capacity of not more than thirteen persons (including the driver). Since you are purchasing commercial vehicle for goods supply you are eligible to claim ITC of tax paid at the time of purchase of vehicle.