Input tax credit on swimming pool

[vaibhav agrawal]

Hello,

Will ITC be available on construction of swimming pool in hotel or Water Park

AI Summary

Swimming Pool Construction Ineligible for Input Tax Credit Under GST, Section 17(5)(d) Interpretation Limits Business Expense Deductions A discussion forum explores Input Tax Credit (ITC) eligibility for swimming pool construction in hotels and water parks under GST regulations. Key participants debated Section 17(5)(d) of the CGST Act, particularly after a retrospective amendment nullifying a previous Supreme Court judgment. The consensus emerged that ITC is not available for swimming pool construction, as it is considered immovable property, despite being used for business purposes. The discussion highlighted complex legal interpretations regarding plant and machinery classification.