GST: ITC can be Proportionally claimed on Goods/Services used in Installation of Renewable Power Generation Plant under the ‘REC Scheme, says AAR [Read Order]

The Tamil Nadu Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be proportionately claimed on Goods/Services used in installation of Renewable Power Generation Plant under the ‘Renewable Energy Certificate (REC) Scheme’. The applicant, M/s. Kumaran Oil Mill has stated that in the new business they generate electricity through Photovoltaic Solar panels and […]

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