https://www.taxtmi.com/article/detailed?id=11067 ITC on goods and services used for installation of solar power panels is ineligible because the panels are treated as plant and machinery and the electrical energy they supply is an exempt good; accordingly, credit on capital goods used exclusively for exempt supplies must be restricted or reversed under the apportionment and capital goods reversal provisions, and reimbursements collected from tenants require assessment under the pure agent and valuation rules. en-us Fri, 03 Feb 2023 11:01:47 +0530 Fri, 03 Feb 2023 11:01:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11067 ITC on goods and services used for installation of solar power panels is ineligible because the panels are treated as plant and machinery and the electrical energy they supply is an exempt good; accordingly, credit on capital goods used exclusively for exempt supplies must be restricted or reversed under the apportionment and capital goods reversal provisions, and reimbursements collected from tenants require assessment under the pure agent and valuation rules. Articles Goods and Services Tax - GST Fri, 03 Feb 2023 11:01:47 +0530 https://www.taxtmi.com/article/detailed?id=11067