Bombay HC Sets Aside AARA Order Denying Input Tax Credit On 'Cash Carry' Vehicles [Read Order]

The Bombay High Court recently set aside an order of the Maharashtra Appellate Advance Ruling Authority (AARA) under Section 101 of the Central Goods and Service Tax Act, 2017 and Maharashtra Goods and Service Tax act, 2017. As per the AARA order dated August 6, 2018, input tax credit is not available on purchase of 'cash carrying' motor vehicles.Division bench of Justice MS Sanklecha and...