M/s. Sai Service Private Limited
GST AAARGOA/AAAR/01 of 2023-24/187
Case summary
From the record, as published by the registry
Recorded against
The Applicant is NOT entitled to avail the Input Tax Credit charged on inward supply of motor vehicles which are used for demonstration purpose in the course of business of supply of motor vehicle as input tax credit on capital goods. As by capitalising the motor car it is treated as asset for use in the business and therefore such motor car cannot be said to be held for further supply.The ruling passed by AAR is upheld.
Filed asAppellate Ruling2024
Case details
As recorded by the court registry
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