https://www.taxtmi.com/caselaws?id=411152 The Authority for Advance Ruling held that the transfer of leasehold rights from IPL to INOX does not qualify for Input Tax Credit (ITC) under the CGST Act. Despite the transaction being in the course of INOX's business, the exclusion of land, building, or civil structures from the definition of 'Plant and Machinery' under Section 17(5)(d) of the CGST Act prevents the availment of ITC. Therefore, INOX is not entitled to utilize the ITC of GST charged by IPL as per the ruling. en-us Fri, 30 Jul 2021 00:00:00 +0530 Wed, 26 Mar 2025 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411152 The Authority for Advance Ruling held that the transfer of leasehold rights from IPL to INOX does not qualify for Input Tax Credit (ITC) under the CGST Act. Despite the transaction being in the course of INOX's business, the exclusion of land, building, or civil structures from the definition of 'Plant and Machinery' under Section 17(5)(d) of the CGST Act prevents the availment of ITC. Therefore, INOX is not entitled to utilize the ITC of GST charged by IPL as per the ruling. Case-Laws GST Fri, 30 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411152