https://www.taxtmi.com/article/detailed?id=13597 Telecom towers and pre fabricated buildings that can be dismantled, relocated, and sold fail the tests of permanency and permanent beneficial enjoyment and thus qualify as movable property under the Transfer of Property Act and General Clauses Act. Fixation solely to ensure operational stability indicates attachment for functionality, not permanent assimilation with land. As a consequence, restrictions on input tax credit limited to immovable property do not apply to such towers and shelters, affecting eligibility for credit under service tax and GST regimes. en-us Wed, 19 Feb 2025 10:31:42 +0530 Wed, 19 Feb 2025 10:31:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13597 Telecom towers and pre fabricated buildings that can be dismantled, relocated, and sold fail the tests of permanency and permanent beneficial enjoyment and thus qualify as movable property under the Transfer of Property Act and General Clauses Act. Fixation solely to ensure operational stability indicates attachment for functionality, not permanent assimilation with land. As a consequence, restrictions on input tax credit limited to immovable property do not apply to such towers and shelters, affecting eligibility for credit under service tax and GST regimes. Articles Goods and Services Tax - GST Wed, 19 Feb 2025 10:31:42 +0530 https://www.taxtmi.com/article/detailed?id=13597