https://www.taxtmi.com/forum/issue?id=117410 Whether TRAN-1 transitional input tax credit for BSIII vehicles is disallowable hinges on whether subsequent sale back to the manufacturer on a tax invoice constituted a transfer of title and a taxable supply; the department argues a court-imposed registration/use restriction precluded further supply, while advisers contend the tax invoice sale effected supply permitting credit utilization, making invoice description and factual transfer crucial to contesting the demand. en-us Fri, 06 Aug 2021 07:35:54 +0530 Thu, 23 Jan 2025 15:54:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117410 Whether TRAN-1 transitional input tax credit for BSIII vehicles is disallowable hinges on whether subsequent sale back to the manufacturer on a tax invoice constituted a transfer of title and a taxable supply; the department argues a court-imposed registration/use restriction precluded further supply, while advisers contend the tax invoice sale effected supply permitting credit utilization, making invoice description and factual transfer crucial to contesting the demand. Discussion-Forum GST Fri, 06 Aug 2021 07:35:54 +0530 https://www.taxtmi.com/forum/issue?id=117410