https://www.taxtmi.com/article/detailed?id=11829 Entitlement to input tax credit on motor vehicles acquired as demonstration/test drive units is governed by Section 17(5) of the CGST Act: ITC is allowable where the purchaser makes a further supply of those vehicles (sale, lease, rental, etc.) or capitalises them with the intention of such supply, but ITC is not allowable where the vehicle is retained for workshop use as a replacement unit under the dealer's policy. en-us Sat, 09 Sep 2023 09:40:17 +0530 Sat, 09 Sep 2023 09:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11829 Entitlement to input tax credit on motor vehicles acquired as demonstration/test drive units is governed by Section 17(5) of the CGST Act: ITC is allowable where the purchaser makes a further supply of those vehicles (sale, lease, rental, etc.) or capitalises them with the intention of such supply, but ITC is not allowable where the vehicle is retained for workshop use as a replacement unit under the dealer's policy. Articles Goods and Services Tax - GST Sat, 09 Sep 2023 09:40:17 +0530 https://www.taxtmi.com/article/detailed?id=11829