TaxTMI 
TaxTMI 
Eligibility of Input Tax Credit (ITC) on Lease of a Sugar Factory under a Rehabilitate-Operate-Transfer (ROT) Agreement Covering Land, Building, Plant & Machinery, and Corporeal Rights
Eligibility of Input Tax Credit (ITC) on Lease of a Sugar Factory under a Rehabilitate-Operate-Transfer (ROT) Agreement Covering Land, Building, Plant & Machinery, and Corporeal Rights
TEAM GST
Input tax credit on sugar factory lease under ROT agreement covering land, buildings, machinery, and corporeal rights The issue concerns eligibility for input tax credit on the lease of a sugar factory under a Rehabilitate-Operate-Transfer agreement covering land, building, plant and machinery, and corporeal rights. The analysis requires consideration of the taxable supply and the nature of the leased assets for GST purposes, without establishing a judicial determination or specific entitlement. (AI Summary)