https://www.taxtmi.com/caselaws?id=752182 Transport service provider sought advance ruling on input tax credit for vehicle purchase. SC determined that due to prior lower tax rate election and supplier's GSTR-01 filing in July 2023, the applicant forfeited ITC rights. The ruling rejected the claim for Rs. 13,94,702 input tax credit on the Mercedes Benz car purchase, citing statutory return evidence as conclusive. en-us Wed, 01 May 2024 00:00:00 +0530 Fri, 02 May 2025 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752182 Transport service provider sought advance ruling on input tax credit for vehicle purchase. SC determined that due to prior lower tax rate election and supplier's GSTR-01 filing in July 2023, the applicant forfeited ITC rights. The ruling rejected the claim for Rs. 13,94,702 input tax credit on the Mercedes Benz car purchase, citing statutory return evidence as conclusive. Case-Laws GST Wed, 01 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752182