Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Leasehold rights used to obtain land and set up a manufacturing facility were treated as an enabling service received for construction on the appellant's own account, so the first condition of the ITC bar under section 17(5)(d) was satisfied. Applying annexation, object, intendment and marketability tests, the Authority held that the air separation plant was an immovable manufacturing facility meant for permanent beneficial enjoyment of the leased land, not a standalone apparatus, equipment or machinery. As the facility did not fall within the statutory meaning of plant and machinery, the exclusion from the credit bar was unavailable and GST input tax credit on the leasehold-rights service remained blocked.
Leasehold rights used to obtain land and set up a manufacturing facility were treated as an enabling service received for construction on the appellant's own account, so the first condition of the ITC bar under section 17(5)(d) was satisfied. Applying annexation, object, intendment and marketability tests, the Authority held that the air separation plant was an immovable manufacturing facility meant for permanent beneficial enjoyment of the leased land, not a standalone apparatus, equipment or machinery. As the facility did not fall within the statutory meaning of plant and machinery, the exclusion from the credit bar was unavailable and GST input tax credit on the leasehold-rights service remained blocked.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
