https://www.taxtmi.com/forum/issue?id=117944 Availability of input tax credit for the zero discharge/upgradation plant depends on exclusive use for taxable supplies; where the plant is common to taxable and exempt outputs credit must be apportioned and the exempt-attributable portion reversed. Capitalisation of the asset as the effluent treatment plant supports ITC eligibility for the capital good, while blocked-credit categories like land, buildings, civil structures and pipelines outside premises remain disallowed. en-us Thu, 05 May 2022 13:24:20 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117944 Availability of input tax credit for the zero discharge/upgradation plant depends on exclusive use for taxable supplies; where the plant is common to taxable and exempt outputs credit must be apportioned and the exempt-attributable portion reversed. Capitalisation of the asset as the effluent treatment plant supports ITC eligibility for the capital good, while blocked-credit categories like land, buildings, civil structures and pipelines outside premises remain disallowed. Discussion-Forum GST Thu, 05 May 2022 13:24:20 +0530 https://www.taxtmi.com/forum/issue?id=117944