QuestionsCategory: GSTITC on motorcycle purchased to gift to customers under sales promotion
Kushal Nath asked 7 months ago

We are ABC dealer of machines. We want to gift a motorcycle if a customer buying machine within a stipulated time. But the motorcycle dealer needs to release tax invoice on behalf of scheme beneficiary for getting the motorcycle register in his name. 
As we are paying the complete payment of the motorcycle on behalf of the customer, therefore we want the ITC of the GST paid for the motorcycle. But facing an issue that motorcycle dealer stating they need to invoice the motorcycle in the name of the customer so that beneficiary gets his motorcycle register under DTO in his name. 
If we want to avail GST ITC then they require to bill motorcycle in ABC name. 
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1 Answers
Team FileMyGSTR Staff answered 6 months ago

Hello Kushal,
Thanks for reaching out to us with your query. The input tax credit is not available on a vehicle until and unless you have a goods transport business. However, you can purchase the bike in the company’s name and claim the depreciation on it. In such case, you will not be able to get it registered in the name of your customer,

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