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GST - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Input tax credit (ITC) - Restrictions u/s 17(5) - inputs ...


ITC Restrictions on Renting and Construction Inputs u/s 17(5) Rejected; Matter Pending in Supreme Court.

March 21, 2020

Case Laws     GST     AAR

Input tax credit (ITC) - Restrictions u/s 17(5) - inputs attributable to the renting of immovable property - construction of immovable property intending for letting out for rent - The application is hereby rejected as the issue is pending before the Hon’ble Supreme Court of India and hence is sub-judice. - AAR

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