BusinessGST Council May Expand ITC on Business Vehicles, Ease Interstate Checks
The GST Council is considering proposals to widen input tax credit (ITC) eligibility on motor vehicles with up to 13 seats, including the driver, along with related expenses like insurance, servicing, and repairs. Transporters may also face fewer interstate checks on goods. Other topics include vehicle leasing, electric vehicles, second-hand vehicles, and e-commerce deliveries. Currently, ITC on such vehicles and expenses is limited unless used for specific purposes.
Business Standard·

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