Unique Welding Products Pvt. Ltd ., In re
Date: January 4, 2024
Subject Matter
ITC is available on roof solar plant as it qualifies as plant and machinery and is not considered an immovable property
Summary
The case law discusses the eligibility of input tax credit on a roof solar plant installed by a company for captive use in its manufacturing process. The applicant company has capitalized the roof solar plant in its books of accounts and claims it as…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, GUJARAT M/s Unique Welding Products Pvt. Ltd., Plot No. 701 B, GIDC Estate, Vitthal Udyognagar, Anand, Gujarat 388 121 engaged in the business of manufacturing and sale of welding wires is registered with the department and their registration number is 24AAACU2384G1ZH. 2. The applicant supplies its products & services after dischari…