ITC on Motor Car purchased for Demo purpose available : AAR

By | August 13, 2019
(Last Updated On: August 13, 2019)

Whether ITC on Motor Car purchased for Demo purpose can be availed as credit on capital goods & set off against output tax payable

Held

Yes

Goa Authority of Advance Ruling

Chowgule Industries Private Limited

GOA/GAAR/07 of 2018-19/4796 dated 29.03.2019

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