Do transporter get input tax credit on purchase of tyres and oil?

Do transporter get input tax credit on purchase of tyres and oil?

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3 Answer(s)

On tyres yes on oil (mobile) not covered under petrol, HSD, LSD.

Answered on July 7, 2017.
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Tyres and lubricant yes since it’s covered in GST and it’s for the furtherance of business but not for petrol or diesel since it’s not covered in GST.

Answered on July 11, 2017.
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No credit available to transporter as their activities are covered under RCM.

Answered on July 29, 2017.
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Your Answer

Gen GST