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Input tax credit on land-survey charges incurred to identify alternate land for afforestation obligations is unavailable where the land is surrendered to the Forest Department, written off, and generates no independent economic benefit or taxable outward supply. The survey services are not used in the course or furtherance of business, so the Section 16(1) requirement is not met. Surveys connected with golf-course development concern immovable property developed on own account, while surveys for surrendered land relate to written-off land; the related credit is treated as blocked under Section 17(5), including Section 17(5)(h). Land transactions are outside the scope of supply under Schedule III.
Input tax credit on land-survey charges incurred to identify alternate land for afforestation obligations is unavailable where the land is surrendered to the Forest Department, written off, and generates no independent economic benefit or taxable outward supply. The survey services are not used in the course or furtherance of business, so the Section 16(1) requirement is not met. Surveys connected with golf-course development concern immovable property developed on own account, while surveys for surrendered land relate to written-off land; the related credit is treated as blocked under Section 17(5), including Section 17(5)(h). Land transactions are outside the scope of supply under Schedule III.
Note: It is a system-generated summary and is for quick reference only.
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