Sag Infotech Blog Bombay HC Allows GST ITC on Demo Vehicles, Citing Circular No. 231/25/2024

The Bombay High Court has resolved the case of Sai Service Private Limited against the Union of India regarding the availability of Input Tax Credit on demo vehicles under the GST Act. The matter became moot following the issuance of GST circular number 231/25/2024 by the CBIC on September 10, 2024. The circular validated that businesses like [...]The post Bombay HC Allows GST ITC on Demo Vehicles, Citing Circular No. 231/25/2024 first appeared on SAG Infotech Official Tax Blog.