Page 44 - GSTL_21st May 2020_Vol 36_Part 3

J70 GST LAW TIMES [ Vol. 36
motor vehicle as input tax credit on capital goods and same
can be utilized for payment of output tax payable under Act”.
(2.4.2) If Mr. Y had not claimed ITC of the said motor vehicle : In this
case Mr. Y would discharge tax as per Notification No. 8/2018-
C.T. (Rate), dated 25th January, 2018 claiming the benefit of con-
cessional rate of tax.
Conclusion
On the quotient of above discussion and analysis of the facts, circum-
stances and situation of the given present case, the above transaction would tan-
tamount to supply of old or used vehicle and tax to charges as per Notification
No. 8/2018-C.T. (Rate), dated 25th January, 2018 if no ITC of the car in question
is taken.

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GST LAW TIMES  21st May 2020  44