https://www.taxtmi.com/forum/issue?id=120045 Services capitalised with plant and machinery retain their character as services under GST and should be treated as input services rather than capital goods for ITC purposes. LSTK or works contract supplies, even when capitalised, are likewise services; ITC on these supplies is subject to reversal under the provisions governing inputs and input services. Classification impacts timing, calculation and compliance for ITC reversal and may require legal or administrative clarification where the plant-versus-immovable distinction is ambiguous. en-us Fri, 23 May 2025 18:27:45 +0530 Sun, 25 May 2025 11:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120045 Services capitalised with plant and machinery retain their character as services under GST and should be treated as input services rather than capital goods for ITC purposes. LSTK or works contract supplies, even when capitalised, are likewise services; ITC on these supplies is subject to reversal under the provisions governing inputs and input services. Classification impacts timing, calculation and compliance for ITC reversal and may require legal or administrative clarification where the plant-versus-immovable distinction is ambiguous. Discussion-Forum GST Fri, 23 May 2025 18:27:45 +0530 https://www.taxtmi.com/forum/issue?id=120045