https://www.taxtmi.com/highlights?id=60755 Input tax credit - input services - Lease Premium paid - The word used by the Legislature in Section 17(5)(d) CGST Act is ‘for’ and not ‘used’, thereby the intention of Legislature was to block the credit of subject lease service received by Taxable person for construction of immovable property. - GST amount born on subject service received is blocked credit vide Section 17(5)(d) CGST Act and thereby ineligible for availment. - AAR en-us Fri, 03 Dec 2021 12:34:12 +0530 Fri, 03 Dec 2021 12:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60755 Input tax credit - input services - Lease Premium paid - The word used by the Legislature in Section 17(5)(d) CGST Act is ‘for’ and not ‘used’, thereby the intention of Legislature was to block the credit of subject lease service received by Taxable person for construction of immovable property. - GST amount born on subject service received is blocked credit vide Section 17(5)(d) CGST Act and thereby ineligible for availment. - AAR Highlights GST Fri, 03 Dec 2021 12:34:12 +0530 https://www.taxtmi.com/highlights?id=60755