https://www.taxtmi.com/caselaws?id=392053 The Co-operative Housing Society was denied Input Tax Credit (ITC) on the replacement of a lift/elevator under the Goods and Services Tax Act. The Authority ruled that the lift, once installed, becomes an immovable property integral to the building, making it ineligible for ITC as per Section 16 of the CGST Act. The decision emphasized the distinction between movable and immovable property and referenced legal definitions and precedents to support the ruling. The question regarding blocked credits was not addressed due to the negative response on the entitlement of ITC for lift replacement. en-us Wed, 22 Jan 2020 00:00:00 +0530 Mon, 17 Mar 2025 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392053 The Co-operative Housing Society was denied Input Tax Credit (ITC) on the replacement of a lift/elevator under the Goods and Services Tax Act. The Authority ruled that the lift, once installed, becomes an immovable property integral to the building, making it ineligible for ITC as per Section 16 of the CGST Act. The decision emphasized the distinction between movable and immovable property and referenced legal definitions and precedents to support the ruling. The question regarding blocked credits was not addressed due to the negative response on the entitlement of ITC for lift replacement. Case-Laws GST Wed, 22 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392053