https://www.taxtmi.com/forum/issue?id=115652 Input tax credit for construction costs and related capital items used in creating immovable property for rental is generally ineligible because the law restricts credit on construction of immovable property and renting does not create an exception; the matter is under higher court review and taxpayers are advised to seek advance rulings or avoid utilising claimed credit pending resolution. en-us Mon, 11 Nov 2019 16:52:55 +0530 Thu, 23 Jan 2025 15:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115652 Input tax credit for construction costs and related capital items used in creating immovable property for rental is generally ineligible because the law restricts credit on construction of immovable property and renting does not create an exception; the matter is under higher court review and taxpayers are advised to seek advance rulings or avoid utilising claimed credit pending resolution. Discussion-Forum GST Mon, 11 Nov 2019 16:52:55 +0530 https://www.taxtmi.com/forum/issue?id=115652