Delhi HC: Workman Cannot Claim Section 17(B) of the ID Act Wages after Reaching Superannuation Age  ||  Allahabad HC: Caste by Birth Remains Unchanged Despite Conversion or Inter-Caste Marriage  ||  Delhi High Court: Tweeting Corruption Allegations Against Employer Can Constitute Misconduct  ||  Delhi High Court: State Gratuity Authorities Lack Jurisdiction over Multi-State Establishments  ||  Kerala High Court: Arrest Grounds Need Not Mention Contraband Quantity When No Seizure is Made  ||  SC: Silence During Investigation Does Not Ipso Facto Mean Non-Cooperation to Deny Bail  ||  Supreme Court: High Courts Cannot Re-Examine Answer Keys Even in Judicial Service Exams  ||  SC: Central Government Employees under CCS Rules are Not Covered by the Payment of Gratuity Act  ||  Supreme Court Holds CrPC Principles on Discharge and Framing of Charges Continue under BNSS  ||  Supreme Court: High Courts Must Independently Assess SC/ST Act Charges in Section 14A Appeals    

Authority for Advance Ruling: Dealers Eligible for Input Tax Credit on Demo Cars - (21 Jan 2020)

GOODS AND SERVICES TAX

Authority for Advance Ruling, Maharashtra has held that input tax credit charged on inward supply of demo cars, which are used for demonstration purpose in the course of business of supply of motor vehicle, can be availed by the dealer as an input tax credit on capital goods and the same can be utilized for payment of output tax payable under this Central Goods and Services Tax Act, 2017.

Tags : AUTHORITY FOR ADVANCE RULING   INPUT TAX CREDIT ON DEMO CARS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved