Platinum Moto Corp. LLP ., In re
Date: March 1, 2019
Court: Authority for Advance Ruling
Bench: Haryana
Type: Advance Ruling
Judge(s)/Member(s): Sangeetha Karmakar, Madhubala
Subject Matter
GST paid on the purchase of demo vehicles cannot be availed as ITC
Summary
1. The Goods and Services Tax paid on the purchase of demo vehicles cannot be availed as Input Tax Credit and set off against output tax payable under the GST. 2. No Input Tax Credit can be availed on the ancillary input services such as insurance an…
1. The applicant is a registered taxpayer and is an authorized dealer of Maruti Suzuki India Limited. Alongwith the purchase of vehicles for the purpose of further supply, the applicant purchases demo cars for demonstration purpose. As per the applicant, the purchase of demo cars is an indispensable business practice and Goods and Services Tax is paid on the purchase of these demo cars. Each demo…