INOX Air Products Pvt Ltd ., In re
Date: July 30, 2021
Subject Matter
Services availed and utilized for acquiring land on lease is restricted under Section 17(5)
Summary
Section 17(5) of the Act, starts with the Non-obstante clause, `Notwithstanding anything contained in sub-section (1) of section 16′, which indicates that the provisions under Section 17(5) prevails over section 16(1) of the Act. From the…
M/s. INOX Air Products Pvt Ltd., 66-1A1B2B1B1A1A2, Manali Express Highway, Sathangadu, Tiruvallur, Tamilnadu 600068 are registered under GST with GSTIN 33AAACI5569D1ZR (hereinafter referred to as INOX or the applicant). The applicant has sought Advance Ruling on: Whether INOX would be entitled to avail and utilize ITC of GST Charged by IPL if such transaction is considered to be a supply The Appli…