Goexotic Plus91 Motors Private Limited ., In re
Date: December 10, 2025
Subject Matter
ITC Admissible on Other Expenses for Second-Hand Vehicle Dealers; Nil-Margin Sales are Taxable Supplies
Summary
The Authority for Advance Ruling (AAR) allowed the application, clarifying that Input Tax Credit (ITC) is admissible on direct expenses, common business expenses, and capital goods for businesses dealing in second-hand motor vehicles under the Margin…
FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING, KERALA 1. The applicant, M/s GOEXOTIC PLUS91 MOTORS PRIVATE LIMITED is a Private Limited Company having GSTIN 32AALCG9692A1ZI. 2. In this Ruling, a reference hereinafter to the provisions of the CGST Act, Rules or the Notifications issued there under shall include a reference to the corresponding provisions of the KSGST Act, Rules or the Notificat…