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A.M. MOTORS.
(Authority for Advance Ruling, Kerala)

Hon'ble Judges:

B.G.KRISHNAN
B.S.THYAGARAJABABU
Pet. Counsel
Harisankar V.menon
Res. Counsel
Na

Petitioner / Applicant

A.M. MOTORS.
Respondent NA
Court

AAR (Authority for Advance Ruling)

State

Kerala

Date Sep 26, 2018
Order No.

KER/10/2018

Citation

2018(9) TAXREPLY 262
Original Order
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ORDER

In the motor vehicle industry, demonstration vehicle is an indispensable tool for promotion of sales by providing trial run to customers. It is a business requirement that motor car dealer shall compulsorily acquire the demonstration vehicles from principal supplier. These purchases are capitalized in the books of accounts excluding tax components. These demo cars are used for demonstration purpose for the prospective customer and after a specific period of time, they are sold off for the book value, paying the applicable taxes at that point of time. The petitioner sought for advance ruling on the following: Whether input tax credit on the motor car purchased for demonstration purpose of the customer can be availed as credit on capital goods and set off against output tax payable under GST in the case of a motor car dealer. The authorized representative of the firm was heard. He has stated that the demo car is purchased against tax invoice and reflected in the books as capit....

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