Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
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The summary focuses on the availability of Input Tax Credit (ITC) for demo vehicles used by authorized dealers. The Haryana Government issued a circular clarifying that ITC is available for demo vehicles, which are motor vehicles for passenger transportation with a seating capacity of up to 13 persons, as per Section 17(5) of the Haryana Goods and Services Tax Act, 2017. The circular addresses the availability of ITC for demo vehicles, even in cases where such vehicles are capitalized in the books of account by authorized dealers. The High Court set aside the earlier observation denying ITC for vehicles initially used as demo vehicles, entitling the petitioner to the benefit of ITC in light of the clarification provided by the circulars.
The summary focuses on the availability of Input Tax Credit (ITC) for demo vehicles used by authorized dealers. The Haryana Government issued a circular clarifying that ITC is available for demo vehicles, which are motor vehicles for passenger transportation with a seating capacity of up to 13 persons, as per Section 17(5) of the Haryana Goods and Services Tax Act, 2017. The circular addresses the availability of ITC for demo vehicles, even in cases where such vehicles are capitalized in the books of account by authorized dealers. The High Court set aside the earlier observation denying ITC for vehicles initially used as demo vehicles, entitling the petitioner to the benefit of ITC in light of the clarification provided by the circulars.
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