https://www.taxtmi.com/caselaws?id=756670 The SC ruled that a motor vehicle supplier can claim Input Tax Credit (ITC) on demonstration vehicles, subject to specific conditions under Section 17(5) of CGST Act. The key requirement is that demo vehicles must be used for subsequent supplies and no depreciation claimed on the tax component. The ruling provides clarity on ITC eligibility for demo vehicles in the automotive sales context. en-us Wed, 10 Jan 2024 00:00:00 +0530 Fri, 09 May 2025 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756670 The SC ruled that a motor vehicle supplier can claim Input Tax Credit (ITC) on demonstration vehicles, subject to specific conditions under Section 17(5) of CGST Act. The key requirement is that demo vehicles must be used for subsequent supplies and no depreciation claimed on the tax component. The ruling provides clarity on ITC eligibility for demo vehicles in the automotive sales context. Case-Laws GST Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756670