A proposed GST rule could significantly lower the effective cost of purchasing cars for business use in India. Finance influencer Udayan Adhye explains that companies may be allowed to claim Input Tax Credit (ITC) on GST paid for eligible vehicle purchases. While the proposal has not yet been approved, it has sparked interest among business owners. If implemented, it could reshape how companies approach major vehicle investments and tax planning.
Written By Jayveer Singh | Updated: 4 August 2026 16:00 IST
