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). Also Read AAAR: ITC not eligible on inward supply of motor vehicles used for demonstration FULL TEXT OF ORDER OF THE AUTHORITY OF ADVANCE RULING, MADHYA PRADESH 1. M/s Khatwani Sales And Services LLP (hereinafter referred to as the Applicant) are...