Appellate Authority Denies ITC on GST for Lease Surrender Without Construction; Appeal Dismissed Citing Safari Retreats Case.
Case-Laws
GST
ITC of GST paid on services for surrendering leasehold rights not eligible when construction activity not undertaken on leasehold land. SC in Safari Retreats laid down functionality test – if building qualifies as plant, ITC available for renting/leasing, else not available if for recipient's own use. Appellant did not construct on leasehold land ac
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