When is ITC on Motor Vehicle Available?

Last updated at August 14, 2026 by

ITC OF CAR

Goods Transport (Like Truck ,Tempo)
ITC Available to all types of business

Passenger Transport
ITC Available only to
Car Selling Business
Passenger Transport Business
Motor Driving Training Business


ITC of Cars,bus,2 Wheelers is Not Available to other Business like Traders, Manufacturers, Professionals  etc.  

 

Whether Purchase of Car is Input or Capital Goods
If car used for More than 1 year
Capital Goods (Example-Passenger Transport or Motor Driving Business)

If car used for upto 1 year
Input (Example-Car Selling Business)

 

ITC on Motor vehicle.jpg

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Transcript

PURCHASE OF MOTOR VEHICLES GOODS TRANSPORT PASSENGER TRANSPORT Truck, Tempo Available to all business Car, 2 Wheeler Available to some business only Passenger transport business Motor Driving Business Car Selling Business teachoo.com

CA Maninder Singh's photo - Co-founder, Teachoo

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant with 16+ years of practical experience and 20+ years of teaching experience. At Teachoo, he simplifies Accounts, Tax and GST with step-by-step examples so students can apply concepts confidently in exams and real life.

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