Vehicle Dealers Can Claim Input Tax Credit on Demo Cars as Capital Goods Under GST Rules.

Vehicle Dealers Can Claim Input Tax Credit on Demo Cars as Capital Goods Under GST Rules. https://www.taxtmi.com/highlights?id=41953 Input tax paid by a vehicle dealer on the purchase of motor car used for demonstration purpose of the customer can be availed as input tax credit on capital goods and set off against output tax payable under GST. en-us Wed, 10 Oct 2018 16:04:08 +0530 Wed, 10 Oct 2018 16:04:08 +0530 TaxTMI RSS Generator Vehicle Dealers Can Claim Input Tax Credit on Demo Cars as Capital Goods Under GST Rules. https://www.taxtmi.com/highlights?id=41953 Input tax paid by a vehicle dealer on the purchase of motor car used for demonstration purpose of the customer can be availed as input tax credit on capital goods and set off against output tax payable under GST. Highlights GST Wed, 10 Oct 2018 16:04:08 +0530 https://www.taxtmi.com/highlights?id=41953