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One of my clients is planning to purchase a new tractor which is used for his loading and unloading business. My question is whether he can avail ITC on purchase of this vehicle against his GST on loading and unloading bills.

One of my clients is planning to purchase a new tractor which is used for his loading and unloading business. My question is whether he can avail ITC on purchase of this vehicle against his GST on loading and unloading bills.

Reply

As per section 17(5) of CGST Act, 2017, ITC on purchase of Tractor is available provided it is used for transportation of goods.

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