Input tax Credit available on Demo Car used by vehicle dealer : AAR

By | October 12, 2018
Print Friendly, PDF & Email
(Last Updated On: October 12, 2018)

Input tax Credit available on Demo Car/ Test Drive car

Input tax paid on purchase of goods used for demonstration purpose to customer can be availed as input tax credit on capital goods and set off against output tax payable under GST

Explanation by CA Satbir Singh

AUTHORITY FOR ADVANCE RULINGS, KERALA

A.M. Motors., In re

B.G. KRISHNAN AND B.S. THYAGARAJABABU, MEMBER

ADVANCE RULING NO. KER/10/2018

SEPTEMBER  26, 2018

Harisankar V. Menon, Adv. for the Applicant.

Download Judgment Click here 

Other GST Judgments

 

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source

Leave a Reply

Your email address will not be published. Required fields are marked *