https://www.taxtmi.com/article/detailed?id=17515 Taxability must be determined before input tax credit eligibility. A blocked-credit inquiry presupposes a taxable inward supply on which tax has been lawfully charged. Where an assignment is outside the charge of GST, denial or reversal of input tax credit cannot retain the economic burden of an invalid levy. The restriction on credit for construction of immovable property applies only where expenditure has a clear nexus with construction-related activity on the taxable person's own account. Acquisition of existing leasehold rights without construction does not satisfy that requirement merely because the rights concern land. en-us Mon, 05 Oct 2026 08:13:45 +0530 Mon, 05 Oct 2026 08:13:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17515 Taxability must be determined before input tax credit eligibility. A blocked-credit inquiry presupposes a taxable inward supply on which tax has been lawfully charged. Where an assignment is outside the charge of GST, denial or reversal of input tax credit cannot retain the economic burden of an invalid levy. The restriction on credit for construction of immovable property applies only where expenditure has a clear nexus with construction-related activity on the taxable person's own account. Acquisition of existing leasehold rights without construction does not satisfy that requirement merely because the rights concern land. Articles Goods and Services Tax - GST Mon, 05 Oct 2026 08:13:45 +0530 https://www.taxtmi.com/article/detailed?id=17515