Input Tax Credit Denied for Pre-Fabricated Shed Construction Due to Classification as Immovable Property.

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....Allowability of Input Tax Credit - construction of shed using pre-fabricated technology - The pre-fabricated movable components joined to make a structure do not constitute as separate property of the ‘PFS’. They are building blocks applied to a civil structure attached to the land to construct a complete ‘PFS’. They have no separate existence from the ‘PFS’. - ‘PFS’ being constructed is classified as an "immovable property" - ITC is not available - AAR....