https://www.taxtmi.com/highlights?id=79518 Applicant eligible to avail Input Tax Credit (ITC) on capital goods like wires/cables, electrical equipment used for transmission of electricity from power station to factory premises, installed outside factory as per rules/policy. Conditions u/s 16 fulfilled. Not hit by Section 17(5)(c) and (d) as goods not fixed to earth, can be removed for maintenance. Transfer of service line to GETCO at zero value under agreement does not bar ITC availment, but applicant liable u/s 18(6) in such situations. Applicant eligible for ITC on specified capital goods used for electricity transmission from DISCOM to factory premises. en-us Thu, 18 Jul 2024 07:23:46 +0530 Thu, 18 Jul 2024 07:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79518 Applicant eligible to avail Input Tax Credit (ITC) on capital goods like wires/cables, electrical equipment used for transmission of electricity from power station to factory premises, installed outside factory as per rules/policy. Conditions u/s 16 fulfilled. Not hit by Section 17(5)(c) and (d) as goods not fixed to earth, can be removed for maintenance. Transfer of service line to GETCO at zero value under agreement does not bar ITC availment, but applicant liable u/s 18(6) in such situations. Applicant eligible for ITC on specified capital goods used for electricity transmission from DISCOM to factory premises. Highlights GST Thu, 18 Jul 2024 07:23:46 +0530 https://www.taxtmi.com/highlights?id=79518