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
PARV & Co.
New Delhi
CA Inter
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Suraj Garg and Associates
New Delhi
CA Inter
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RoamPrime Technologies Private Limited
Bengaluru
CA
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CCI
Pro
CAclubindia
