LNG Jetties Not Classified as 'Plant and Machinery'; Input Tax Credit on Construction Costs Denied.

LNG Jetties Not Classified as 'Plant and Machinery'; Input Tax Credit on Construction Costs Denied. https://www.taxtmi.com/highlights?id=63661 Input Tax Credit - Plant and Machinery or not - whether LNG jetties proposed to be built - The LNG Jetties being built by the appellant are not in the nature of ‘plant and machinery’ being foundation for equipment, apparatus, machinery for re-gasification to be installed thereon. Therefore input tax credit on inputs, input services and capital goods for the purpose of building these LNG Jetties are not admissible - AAAR en-us Tue, 24 May 2022 11:16:43 +0530 Tue, 24 May 2022 11:16:43 +0530 TaxTMI RSS Generator LNG Jetties Not Classified as 'Plant and Machinery'; Input Tax Credit on Construction Costs Denied. https://www.taxtmi.com/highlights?id=63661 Input Tax Credit - Plant and Machinery or not - whether LNG jetties proposed to be built - The LNG Jetties being built by the appellant are not in the nature of ‘plant and machinery’ being foundation for equipment, apparatus, machinery for re-gasification to be installed thereon. Therefore input tax credit on inputs, input services and capital goods for the purpose of building these LNG Jetties are not admissible - AAAR Highlights GST Tue, 24 May 2022 11:16:43 +0530 https://www.taxtmi.com/highlights?id=63661