https://www.taxtmi.com/caselaws?id=397160 The Authority for Advance Rulings (AAR) ruled that the applicant, engaged in Pharmaceutical Research & Development services, is not eligible to avail input tax credit (ITC) on GST paid for lease premium charges, annual lease rentals, and maintenance charges. This decision was based on Section 17(5) of the CGST Act, which restricts ITC on goods or services used for the construction of immovable property, including the land lease for constructing a building for the laboratory. Consequently, the applicant was denied ITC on these charges. en-us Wed, 24 Jun 2020 00:00:00 +0530 Wed, 19 Mar 2025 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397160 The Authority for Advance Rulings (AAR) ruled that the applicant, engaged in Pharmaceutical Research & Development services, is not eligible to avail input tax credit (ITC) on GST paid for lease premium charges, annual lease rentals, and maintenance charges. This decision was based on Section 17(5) of the CGST Act, which restricts ITC on goods or services used for the construction of immovable property, including the land lease for constructing a building for the laboratory. Consequently, the applicant was denied ITC on these charges. Case-Laws GST Wed, 24 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397160