Dismissed
M/s. Gacl-Nalco Alkalies & Chemicals Private Limited
GST AAARGUJ/GAAAR/APPEAL/2024/04
Case brief
AI extract
What is this about?
The Gujarat Authority for Advance Ruling rejected an appeal by GACL-NALCO Alkalies seeking ITC on leasehold rights for land. The court held that ITC on services received for construction on owned or leasehold land is blocked under Section 17(5)(d) as it is deemed 'on his own account', regardless of the land's intended use for plant and machinery.
What did the court decide?
Input Tax Credit on leasehold right paid for land is denied as the acquisition is considered to be on the appellant's own account under Section 17(5)(d).