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ITC of GST paid by vehicle dealer on motor car used for demonstration purpose is allowed: AAR

October 9, 2018[2018] 98 157 (AAR - KERALA)

GST : Input tax paid by a vehicle dealer on purchase of motor car used for demonstration purpose of customer can be availed as input tax credit on capital goods and set off against output tax payable under GST. Furthermore, this activity does not come under negative clause, as after a limited period of use as demo car, vehicles are sold at written down book value

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