https://www.taxtmi.com/caselaws?id=440078 The AAR, West Bengal ruled that a taxpayer cannot claim input tax credit (ITC) on goods/services used for warehouse construction when such expenses are capitalized in books. The Authority held that the warehouse constitutes immovable property due to its permanent characteristics and lack of mobility. Since the applicant constructed the warehouse on his own account and retained ownership for providing rental/warehousing services, the restriction under Section 17(5)(d) of GST Act applies. The Authority distinguished the Safari Retreats case as factually different and denied ITC eligibility for construction-related inward supplies. en-us Mon, 26 Jun 2023 00:00:00 +0530 Thu, 17 Apr 2025 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440078 The AAR, West Bengal ruled that a taxpayer cannot claim input tax credit (ITC) on goods/services used for warehouse construction when such expenses are capitalized in books. The Authority held that the warehouse constitutes immovable property due to its permanent characteristics and lack of mobility. Since the applicant constructed the warehouse on his own account and retained ownership for providing rental/warehousing services, the restriction under Section 17(5)(d) of GST Act applies. The Authority distinguished the Safari Retreats case as factually different and denied ITC eligibility for construction-related inward supplies. Case-Laws GST Mon, 26 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440078