Vijayneha Polymers Private Limited ., In re
Date: December 9, 2021
Court: Authority for Advance Ruling
Bench: Telangana
Type: Advance Ruling
Judge(s)/Member(s): B. Raghu Kiran, Kasi Visweswara Rao
Subject Matter
Plant & machinery and machine foundation are eligible for ITC
Summary
1. ITC cannot be availed on works contract services for construction of an immovable property except for erection of plant & machinery. 2. ITC can be availed on plant & machinery as defined in the explanation to Section 17 i.e., on apparatus,…
1. M/s. Vijayneha Polymers Private limited, 8-3-332 Ground floor, Mailardevpally, Rangareddy, Telangana- 500 005 (36AABCV7309K1Z2) has filed an application in FORM GST ARA-01 under Section 97(1) of TGST Act, 2017 read with Rule 104 of CGST/TGST Rules. 2. At the outset, it is made clear that the provisions of both the CGST Act and the TGST Act are the same except for certain provisions. Therefore,…