Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
The Appellate Authority for Advance Ruling in Gujarat addressed the issue of Input Tax Credit (ITC) admissibility for air conditioning, cooling, and ventilation systems supplied and installed by M/s. Skai Air Control P Ltd. The authority held that these systems, once installed, become part of the building and are considered immovable property. Consequently, they cease to be classified as plant and machinery. As the installation was done through a works contract service for constructing an immovable property, ITC is not available u/s 17(5)(c) of the CGST Act, 2017. The appeal was dismissed.
The Appellate Authority for Advance Ruling in Gujarat addressed the issue of Input Tax Credit (ITC) admissibility for air conditioning, cooling, and ventilation systems supplied and installed by M/s. Skai Air Control P Ltd. The authority held that these systems, once installed, become part of the building and are considered immovable property. Consequently, they cease to be classified as plant and machinery. As the installation was done through a works contract service for constructing an immovable property, ITC is not available u/s 17(5)(c) of the CGST Act, 2017. The appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
