Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Input tax credit was held admissible on input services used to construct foundation and structural supports for solvent recovery and wastewater treatment plants within a factory, because the services had a direct nexus with manufacturing activity and were used in the course or furtherance of business. The Authority held that steel and RCC works supporting the equipment formed part of "plant and machinery" under the statutory explanation, since the structures were fixed to earth to hold apparatus used for outward supply. As the exclusion for immovable property does not extend to such foundation and support forming part of plant and machinery, the restriction in section 17(5)(c) did not apply.
Input tax credit was held admissible on input services used to construct foundation and structural supports for solvent recovery and wastewater treatment plants within a factory, because the services had a direct nexus with manufacturing activity and were used in the course or furtherance of business. The Authority held that steel and RCC works supporting the equipment formed part of "plant and machinery" under the statutory explanation, since the structures were fixed to earth to hold apparatus used for outward supply. As the exclusion for immovable property does not extend to such foundation and support forming part of plant and machinery, the restriction in section 17(5)(c) did not apply.
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