2024 (11) TMI 1403

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.... HON'BLE MR. JUSTICE SANJAY VASHISTH PRESENT:   For the Petitioner(s): Ms. Priyanka Rathi, Advocate and Mr. Ashwini Chandrasekaran, Advocate. For the Respondent: Ms. Mamta Singla Talwar, DAG, Haryana. **** SANJEEV PRAKASH SHARMA , J. (ORAL) 1. A clarification of availability of Input Tax Credit in respect of demo vehicles, has been issued vide Circular No. 231/25/2024-GS....

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....cludes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply. 5.3 Also, section 2 (19) of CGST Act defines "capital goods" as, "capital goods" means goods, the value of which is capitalized in the books of account of the person claiming the input tax credit and which are....

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.... section 2 (52) of CGST Act, includes even capital goods. Further, section 2 (19) of CGST Act also recognizes that capital goods are used or intended to be used in the course or furtherance of business. Accordingly, availability of input tax credit on demo vehicles is not affected by way of capitalization of such vehicles in the books of account of the authorized dealers, subject to other provisio....

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....te of by the Haryana Government, and they have issued similar clarification vide Circular No. 231/25-HGST/2024/GST-II (CBIC Circular No.231/25/2024- GST, dated 11.09.2024), dated 13th September 2024. 3. Said circular discussed the availability of Input Tax Credit on demo vehicles, which are motor vehicles for transportation of passengers having approved seating capacity of not more than 13 pers....