Can I claim GST on a car purchase?
GST on a car purchase is claimable only if the vehicle is used for business purposes such as taxi services, driving schools, or rentals. Businesses must meet these criteria to avail Input Tax Credit (ITC) on vehicle purchases. Proper documentation and adherence to GST regulations are essential for compliance. Ensure your business stays compliant with GST registration in Chennai to maximize tax benefits while avoiding legal issues related to ITC claims on vehicle purchases.