Govt issued Notificatoon No 2/2019-CT dated 29.01.2019 whereby specific provisions of CGST (Amendment) Act 2018 made applicable w.e.f 01st Feb 2019 and accordingly Input tax credit of following services relatable to motor vehicle shall not be available:-
(a) general insurance,
(b) servicing,
(c). repair and maintenance
Cases where ITC on motor vehicle repairing/ insurance services is available even after amendment
1. Motor Vehicle for transportation of persons having approved seating capacity of more than 13 persons. ( e.g. A Bus)
2. Motor Vehicle for transportation of goods. ( e.g. A Truck)
3. Motor Vehicle used for making following taxable supplies, namely :-
(A) further supply of such motor vehicles ( e.g. In case of a Car Dealer)
(B) transportation of passengers (( e.g. In case of a Taxi Service Provider)
(C) imparting training on driving such motor vehicles ( e.g. In case of a Driving School)
4. Services received by a taxable person engaged—
(I) in the manufacture of such motor vehicles
(II) in the supply of general insurance services in respect of such motor vehicles insured by him;
Thus in all other cases apart from above 4 cases (though in 4 cases it was available prior to amendment also), Input Tax Credit in respect of repairs/ insurance of motor vehicle is not available now on and after 01.02.2019