https://www.taxtmi.com/caselaws?id=293296 The authority ruled that the applicant, a unit of a motor vehicle company, is not entitled to avail Input Tax Credit (ITC) on motor vehicles received for business activities. Despite the vehicles being used in marketing, sales, press, and training, they do not meet the conditions under Section 17(5) of the CGST Act for ITC eligibility. The ruling emphasized that Section 17(5) restricts ITC on motor vehicles unless used for specific taxable supplies, leading to the denial of the applicant's request for ITC on IGST and Compensation Cess paid on the stock-transferred vehicles. en-us Tue, 09 Oct 2018 00:00:00 +0530 Mon, 03 Mar 2025 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293296 The authority ruled that the applicant, a unit of a motor vehicle company, is not entitled to avail Input Tax Credit (ITC) on motor vehicles received for business activities. Despite the vehicles being used in marketing, sales, press, and training, they do not meet the conditions under Section 17(5) of the CGST Act for ITC eligibility. The ruling emphasized that Section 17(5) restricts ITC on motor vehicles unless used for specific taxable supplies, leading to the denial of the applicant's request for ITC on IGST and Compensation Cess paid on the stock-transferred vehicles. Case-Laws GST Tue, 09 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293296