CMS Info Systems Ltd., In re
Date: March 19, 2018
Subject Matter
Members differ on whether input tax credit on purchase of motor vehicles i.e. cash carry vans would be available.
Summary
The applicant is having cash management network pan India. The transportation of cash is done through security vans popularly known as cash carry vans. The applicant purchases raw motor vehicles and with the requisite fabrications, gets it converted…
The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as "the CGST Act and MGST Act"] by M/s. CMS Info. Systems Limited, the applicant, seeking an advance ruling in respect of the applicability of GST on: 1. Whether supply of such motor vehicles as scrap after i…