Input Tax Credit of Demo vehicles along with repair, maintenance & insurance

In re Titania Products Private Limited (GST AAR Jharkhand)

The Advance Ruling is allowed in favour of M/s TITANIA PRODUCTS PRIVATE LIMITED, having GSTN No- 20AAECT4112F1Z2 and the company can claim and set-off the Input Tax Credit of Demo vehicles along with repair, maintenance & insurance under GST with their Liability with following conditions :-

(1) The Applicant is required to maintain up to maximum of one (1) Demo Vehicle of each model till final disposal of that said Demo Vehicle before acquiring new Demo ve

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