https://www.taxtmi.com/caselaws?id=303511 The Appellate Authority upheld the decision of the Authority for Advance Ruling (AAR) that Input Tax Credit (ITC) on goods and services for the construction and maintenance of a warehouse is not admissible under section 17(5) of the CGST Act, 2017. The appellant's arguments concerning the tax chain, cascading effect, and accounting treatment were deemed invalid, leading to the rejection of their claims. The Appellate Authority clarified that ITC cannot be claimed to the extent of capitalization under section 17(5)(d) of the Act. en-us Thu, 27 Aug 2020 00:00:00 +0530 Wed, 27 Jul 2022 21:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303511 The Appellate Authority upheld the decision of the Authority for Advance Ruling (AAR) that Input Tax Credit (ITC) on goods and services for the construction and maintenance of a warehouse is not admissible under section 17(5) of the CGST Act, 2017. The appellant's arguments concerning the tax chain, cascading effect, and accounting treatment were deemed invalid, leading to the rejection of their claims. The Appellate Authority clarified that ITC cannot be claimed to the extent of capitalization under section 17(5)(d) of the Act. Case-Laws GST Thu, 27 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303511