https://www.taxtmi.com/caselaws?id=396268 The Appellate Authority for Advance Ruling (AAAR) determined that the supply of motor vehicles as scrap after usage constitutes a supply in the course or furtherance of business, attracting GST. The sale proceeds from such transactions are taxable income. Initially denied, Input Tax Credit (ITC) on the purchase of motor vehicles used for cash management was later allowed by the AAAR, considering the vehicles as used for transporting goods, not money. The AAAR concluded that ITC on such vehicles is available under the CGST Act, 2017. en-us Thu, 31 Oct 2019 00:00:00 +0530 Tue, 18 Mar 2025 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396268 The Appellate Authority for Advance Ruling (AAAR) determined that the supply of motor vehicles as scrap after usage constitutes a supply in the course or furtherance of business, attracting GST. The sale proceeds from such transactions are taxable income. Initially denied, Input Tax Credit (ITC) on the purchase of motor vehicles used for cash management was later allowed by the AAAR, considering the vehicles as used for transporting goods, not money. The AAAR concluded that ITC on such vehicles is available under the CGST Act, 2017. Case-Laws GST Thu, 31 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396268