Input Tax Credit not available on purchase of ‘Cash carry vans’

In re M/s. CMS Info Systems Ltd. (GST AAAR Maharashtra) The Appellate Authority held that, as the law now stands, Input Tax Credit is not available to CMS Info Systems Limited on purchase of motor vehicles i.e. cash carry vans, which are purchased and used for cash management business and supplied post usage as scrap. Read AAR Order : GST applicable on Supply of motor vehicles as scrap after its usage in business: AAR Read AAAR order 2  after HC Judgment:ITC eligible on purchase/fabrication of motor vehicle used for carrying cash & bullion FULL TEXT OF ORDER OF APPELLATE AUTHORITY FOR AD...