GST Rebate on premiun bike (4 lak around)

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Deal Newbie
Snvalent

My friend has GST registered for her ecom service business and has approx 7-8 lakh in her GST portal.

His brother want to purchase a premium bike costing around 4 lakh using her buisness account and will take GST rebate on it.

will there any issue in it ? can someone pls tell any possible red flags

TIA

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Deal Subedar Deal Subedar
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You cannot claim GST input for vehicles or their parts.

Only possible for specific businesses, like for a dealer, transportation of goods, passenger transport.

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Deal Subedar Deal Subedar
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You cannot claim GST input for vehicles or their parts.

Only possible for specific businesses, like for a dealer, transportation of goods, passenger transport.

Post Tycoon Post Tycoon
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Well you can if the vehicle os classified as commercial and purchased for business use only.

Deal Subedar Deal Subedar
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Atleast my CA disallowed it. Even for buying tyre's or any other parts for a commercial vehicle.

So do check with your CA.

Generous Generous
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4 lakh rebate? Itne me to 5 bike le lunga..xd

Deal Newbie Deal Newbie
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4 lakh cost of bike not rebate

Deal Lieutenant Deal Lieutenant
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Is mentioned premium bike new or used?

Deal Newbie Deal Newbie
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new

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Benevolent Benevolent
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GST team can come back haunting even after many years with hefty penalty+interest+CrPC

Helpful Helpful
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Cant claim it and dont claim it. Cant claim it on vehicles normally. Whats your friends business btw ? 

Deal Newbie Deal Newbie
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ecom service

Generous Generous
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Watch this video to get the overall idea about the concept, then consult with your CA and decide:

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