https://www.taxtmi.com/caselaws?id=377055 The Appellate Authority ruled that annuity payments are exempt under Entry No. 23A of Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017. However, only 50% Input Tax Credit (ITC) of the GST paid on inputs and input services used in the construction phase is available to the Appellant. Full ITC of the GST paid on inputs and input services used in the Operation and Maintenance (O&M) phase is available, subject to the provisions of Section 17(5) of the CGST Act, 2017. en-us Tue, 12 Feb 2019 00:00:00 +0530 Fri, 07 Mar 2025 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377055 The Appellate Authority ruled that annuity payments are exempt under Entry No. 23A of Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017. However, only 50% Input Tax Credit (ITC) of the GST paid on inputs and input services used in the construction phase is available to the Appellant. Full ITC of the GST paid on inputs and input services used in the Operation and Maintenance (O&M) phase is available, subject to the provisions of Section 17(5) of the CGST Act, 2017. Case-Laws GST Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377055