Central AC Plant, Lift, Electrical Fittings, etc., were categorized as immovable property, ineligible for GST ITC
Last updated: 08 December 2023
Court :
AAAR, Gujarat
Brief :
The AAAR, Gujarat in the case of M/s. The Varachha Co-Op. Bank Ltd. [Ruling No. 37/2021 dated October 04, 2023] observed that items like the Central Air Conditioning Plant, Lift, Electrical Fittings, and Fire Safety Extinguishers were categorized as immovable property, thereby making them ineligible for Input Tax Credit ("ITC").
Citation :
Ruling No. 37/2021 dated October 04, 2023
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Bimal Jain
Published in GST
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