Tuesday, July 21, 2020

GST: Input Tax Credit can’t be claimed on Lift procured and Installed in Hotel Buildings, says AAR [Read Order]

The Authority of Advance Ruling (AAR) Madhya Pradesh ruled that the Input Tax Credit (ITC) can be claimed on the lift procured and installed in hotel buildings. The applicant, Jabalpur Hotels Pvt. Ltd. was established with an objective to construct a Hotel in Jabalpur. The company started construction of the Hotel and completed a major […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3eLbxxG

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