https://www.taxtmi.com/article/detailed?id=15646 Construction undertaken to generate taxable outward supplies-particularly customised buildings designed for renting or leasing-does not constitute construction "on his own account" and therefore should not be excluded from Input Tax Credit; the amendment to "plant and machinery" does not remove the "on his own account" qualification, and denying ITC on such construction embeds tax into downstream prices contrary to GST neutrality. en-us Tue, 23 Dec 2025 07:59:48 +0530 Thu, 25 Dec 2025 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15646 Construction undertaken to generate taxable outward supplies-particularly customised buildings designed for renting or leasing-does not constitute construction "on his own account" and therefore should not be excluded from Input Tax Credit; the amendment to "plant and machinery" does not remove the "on his own account" qualification, and denying ITC on such construction embeds tax into downstream prices contrary to GST neutrality. Articles Goods and Services Tax - GST Tue, 23 Dec 2025 07:59:48 +0530 https://www.taxtmi.com/article/detailed?id=15646