GST rate on vehicle used in advertising & will I get ITC on purchasing a new vehicle?

I have a vehicle and use it in advertising in my own advertising agency, what will be GST rate and whether I will get ITC for purchase of new vehicle.

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2 Answer(s)

Yes. input on purchase of capital goods used in the course or furtherance of business is eligible input that can be claimed.

Answered on July 11, 2017.
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There are a few cases in which ITC is available on Motor Vehicles. Your case is not from one of them. In your case, you will not get itc on purchase of motor vehicles.

Answered on July 11, 2017.
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Your Answer

Gen GST