Shanti Prime Publication Pvt. Ltd.
Input Tax Credit — Section 17(5) of CGST Act—In the instant case, question is as follows.
"Whether they can utilize/ refund the ITC which is readily available in GST Portal, for the vehicles purchased by them for the purpose of their core business activity?"
Held that—
After careful examination of the said issue, this authority is of the opinion, that the Input Tax Credit on the vehicles purchased by the applicant for the purpose of their business will fall under Section 17(5), and given the ruling accordingly.
The goods referred by the applicant do not fall under the exceptions referred in Section 17(5) of CGST / APGST Act, 2017. Hence the applicant is not entitled for claim of ITC.Indian Cotton Solutions. Com Pvt. Ltd., In Re… [2018] 2 TAXLOK.COM 352 (AAR-AP)