Monday, July 20, 2020

GST: ITC can be claimed on Water Slides but not on Site Development and Swimming Pools, rules AAR [Read Order]

The Authority of Advance Ruling (AAR) Madhya Pradesh ruled that the Input Tax Credit (ITC) under GST can be claimed on the water slides as it is covered under the terms apparatus, equipment, and machinery. However, the authority denied the ITC claims on the site development and the swimming pool or wave pool as they […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2CwJDbz

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