ITC not available on Demo vehicles purchased for furtherance of business

Khatwani Sales And Services LLP (GST AAR Madhya Pradesh)

Applicant is not eligible for Input Fax Credit on Demo vehicles purchased for furtherance of business, in view of barring provisions of clause (a) of sub-section (5) of Section 17 of GST Act, 2017, as they are not covered by any of the exceptions given in clause (A), (B) or (C) of Sec. 17(5)(a).

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