Input Tax Credit restriction on works-contract construction of immovable property unless treated as plant and machinery; ITC denied here.

Input Tax Credit restriction on works-contract construction of immovable property unless treated as plant and machinery; ITC denied here.
Case-Laws
GST
The AAR addressed entitlement to input tax credit on GST paid for a contractor-built breakwater and concluded ITC is disallowed because the supply was a works contract for construction of immovable property and does not meet the statutory exception for plant and machinery. The authority applied the statutory definition of plant and machi

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