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of <h1>Assam Tax Department Clarifies ITC Eligibility for Demo Vehicles u/s 17(5) of GST Act.</h1> The circular from the Assam State Tax Department clarifies the availability of input tax credit (ITC) for demo vehicles used by authorized motor vehicle dealers. According to Section 17(5) of the Assam GST Act, ITC is generally not available for vehicles with a seating capacity of up to 13 persons unless used for specific taxable supplies like further supply, passenger transport, or driver training. Demo vehicles, used for test drives and promoting sales, qualify as being used for further supply, thus allowing ITC. However, ITC is not available if demo vehicles are used for other purposes, like staff transport or mere marketing services. Additionally, if demo vehicles are capitalized, ITC is available unless depreciation is claimed on the tax component.
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