Admissibility of credit on cars including demo cars

Dear Reader,

The admissibility of input tax credit (‘ITC’) on drinking water consumed at workplaces like factory, offices etc.
has been a debatable issue under GST. In this regard, please find ‘NITYA’s Outlook – Issue 3’ on eligibility of
ITC on drinking water.

Issue 1 – Admissibility of credit on cars including demo cars

Hope you find this an interesting read. Please feel free to share your comments / feedback on the same.