https://www.taxtmi.com/caselaws?id=383148 The ruling under section 98 of the CGST/GGST Act, 2017 concluded that Input Tax Credit on Motor Vehicles purchased for demonstration purposes can be availed as credit on Capital Goods and set off against output tax payable under GST. The applicant was deemed eligible for input tax credit on demo vehicles used for marketing and sales promotion, as they qualify as capital goods used in the course or furtherance of business. en-us Tue, 26 Mar 2019 00:00:00 +0530 Mon, 10 Mar 2025 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383148 The ruling under section 98 of the CGST/GGST Act, 2017 concluded that Input Tax Credit on Motor Vehicles purchased for demonstration purposes can be availed as credit on Capital Goods and set off against output tax payable under GST. The applicant was deemed eligible for input tax credit on demo vehicles used for marketing and sales promotion, as they qualify as capital goods used in the course or furtherance of business. Case-Laws GST Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383148