No ITC on goods/services used for installation of Solar Power Panels being Plant and Machinery
Last updated: 18 January 2023
Court :
AAR, Tamil Nadu
Brief :
The AAR, Tamil Nadu in the matter of VBC Associates [Advance Ruling No. 10/2022/ARA dated August 31, 2022], has ruled that the assessee is not eligible to claim Input Tax Credit ("ITC"), as per Section 17(2) of the Central Goods and Services Tax Act, 2017 ("the CGST Act") read with Rule 43(a) of the Central Goods and Services Tax Rules, 2017 ("the CGST Rules") on the goods/services used for installation of Solar Power Panels, which are considered as Plant and Machinery.
Citation :
Advance Ruling No. 10/2022/ARA dated August 31, 2022
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Bimal Jain
Published in GST
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