Case LawWrit Petition No. 622 of 2024
Sai Service Private Limited Vs Union of India
- Court:
- High Court
- Bench:
- Bombay
- Date:
- October 23, 2024
- Type:
- Writ Petition
- Members:
- M. S. KARNIK & VALMIKI MENEZES
Subject
Automobile dealers are entitled to claim ITC on demo vehicles
Input Tax Credit
Summary
The Bombay High Court addressed a case filed by Sai Service Private Limited against the Union of India regarding the entitlement to claim Input Tax Credit (ITC) on demo vehicles used by automobile dealerships. Sai Service Private Limited had been den…
Judgement
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT Post the impugned order, the Central Board of Indirect Taxes and Customs GST Policy Wing, Department of Revenue, Ministry of Finance, Government of India, has issued a circular dated 10.09.2024 on the subject of clarification on availability of input tax credit in respect of demo vehicles. This circular dated 10.09.2024, therefore, will prevail…