https://www.taxtmi.com/forum/issue?id=121024 Input tax credit on GST charged for leasing a functioning sugar factory under a Rehabilitate-Operate-Transfer arrangement may extend to the entire taxable leasing service where the lease is documented as a single business lease and invoiced as one taxable leasing service. Credit need not be limited to plant and machinery, subject to fulfilment of input tax credit conditions and documentation requirements. Use of leased assets for both taxable and exempt outward supplies requires proportionate credit reversal or apportionment under applicable rules. en-us Mon, 13 Jul 2026 18:45:14 +0530 Sun, 19 Jul 2026 05:33:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121024 Input tax credit on GST charged for leasing a functioning sugar factory under a Rehabilitate-Operate-Transfer arrangement may extend to the entire taxable leasing service where the lease is documented as a single business lease and invoiced as one taxable leasing service. Credit need not be limited to plant and machinery, subject to fulfilment of input tax credit conditions and documentation requirements. Use of leased assets for both taxable and exempt outward supplies requires proportionate credit reversal or apportionment under applicable rules. Discussion-Forum GST Mon, 13 Jul 2026 18:45:14 +0530 https://www.taxtmi.com/forum/issue?id=121024