https://www.taxtmi.com/highlights?id=51735 Input tax credit - GST paid on replacement of existing lift/ elevator at its own premises - When any person speaks of such a building, he also includes the lifts as an integral part of the building, like storage water tanks, etc. - thus, Manufacture, Supply, Installation and Commissioning of Lifts/Elevators is in the nature of Works Contract activity which results in creation of an immovable property - ITC is not available. en-us Wed, 12 Feb 2020 12:05:03 +0530 Wed, 12 Feb 2020 12:05:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51735 Input tax credit - GST paid on replacement of existing lift/ elevator at its own premises - When any person speaks of such a building, he also includes the lifts as an integral part of the building, like storage water tanks, etc. - thus, Manufacture, Supply, Installation and Commissioning of Lifts/Elevators is in the nature of Works Contract activity which results in creation of an immovable property - ITC is not available. Highlights GST Wed, 12 Feb 2020 12:05:03 +0530 https://www.taxtmi.com/highlights?id=51735