The recent CBIC clarification via Circular No. 231/25/2024-GST dated 10.09.2024 indeed resolves the ambiguity by confirming that ITC is allowed on demo vehicles,
My Question is :-1)Can We claim ITC as above notification basic Demo Car Insurance ?
2)also We can claim itc Repair and Maintenance above demo Car
Yes you can claim itc related to repair and insurance of demo vehicle
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Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
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