CBIC issued a very important clarification on availability of ITC in respect of demo vehicles

CBIC issued a very important clarification on availability of input  tax credit in respect of demo vehicles

The CBIC vide Circular No. 231/25/2024-GST dated September 10, 2024 has issued a clarification on availability of input  tax credit in respect of demo vehicles.

Source : https://taxinformation.cbic.gov.in/view-pdf/1003230/ENG/Circulars