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of <h1>ITC Allowed on Movable and Certain Immovable Plant and Machinery Under GST Section Rules</h1> Input Tax Credit (ITC) under GST is available on movable plant and machinery without restriction, while immovable property generally faces limitations. However, ITC is allowed for goods and services used in constructing immovable plant and machinery. 'Plant and machinery' is defined as apparatus, equipment, and machinery fixed to the earth by foundation or structural support, used for making outward supplies, including such foundations and supports. Exclusions from this definition are land, buildings, other civil structures, telecommunication towers, and pipelines outside factory premises. Thus, ITC applies to qualifying plant and machinery used in business operations, but not to excluded immovable assets.
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