https://www.taxtmi.com/forum/issue?id=115638 ITC may be claimable for imported electric bikes used for exhibition when the import is in the course of business and the bikes are characterised as demonstrative stock or business inputs; classification as a "motor vehicle" could invoke the statutory exclusion, while administrative rulings treating demo vehicles as capital goods permit ITC subject to utilisation rules and required adjustments on subsequent supply; temporary import with re export also allows customs refund/drawback alternatives. en-us Fri, 08 Nov 2019 17:21:30 +0530 Thu, 23 Jan 2025 15:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115638 ITC may be claimable for imported electric bikes used for exhibition when the import is in the course of business and the bikes are characterised as demonstrative stock or business inputs; classification as a "motor vehicle" could invoke the statutory exclusion, while administrative rulings treating demo vehicles as capital goods permit ITC subject to utilisation rules and required adjustments on subsequent supply; temporary import with re export also allows customs refund/drawback alternatives. Discussion-Forum GST Fri, 08 Nov 2019 17:21:30 +0530 https://www.taxtmi.com/forum/issue?id=115638