GST ITC available on installation of Solar Power Panel as electricity so generated captively used for manufacture of taxable goods

Last updated: 09 August 2021

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The Tamil Nadu Authority for Advance Ruling has ruled that a company, KLF Nirmal Industries Pvt. Limited, is eligible to claim Goods and Services Tax (GST) Input Tax Credit (ITC) on solar panels installed for their rooftop solar power plant. The electricity generated is used captively for manufacturing edible oils, which are taxable goods. The ruling confirmed that the solar panels qualify as capital goods or inputs used in the business, provided all GST regulations are met.

Court :
Tamil Nadu AAR

Brief :
In the matter of M/s. KLF Nirmal Industries Pvt. Limited [Order No. 19/ARA/2021 dated June 18, 2021], M/s. KLF Nirmal Industries Pvt. Limited ('the Applicant') has sought the Advance Ruling before the Tamil Nadu Authority for Advance Ruling ('AAR')

Citation :
Order No. 19/ARA/2021 dated June 18, 2021

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1 Year PLAN

1999

(Excl. of GST ₹359)

2 Years PLAN

3499

(Excl. of GST ₹629)

BEST VALUE

3 Years PLAN

4999

(Excl. of GST ₹899)

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Judgement posted by

Bimal Jain

Service

FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

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