BMW India Pvt. Ltd ., In re
Date: October 9, 2018
Subject Matter
ITC not available on the vehicles used for business purposes such as Marketing Fleet, Sales Fleet, Press Fleet, Training Fleet
Summary
Whether Applicant is eligible to avail input tax credit of IGST and Compensation Cess on the vehicles received by it used for the following specified business purposes: i.) Marketing fleet: Vehicles for undertaking various marketing & promotional…
BMW India Pvt. Ltd. (hereinafter referred to as the ‘BMW India’ / ‘the Company’) is a group company of the BMW Group and is engaged in the manufacturing, trading & selling of motor vehicles, spare parts, accessories and related services in India. The Company has various units, which are distinctively registered under the Goods and services Tax legislations. The current…