Supreme Court affirms mobile towers are not immovable property; upholds ITC eligibility under GST

In a major relief to the telecom industry, the Supreme Court on Friday (August 8) dismissed the Revenue Department’s Special Leave Petition (SLP) challenging a Delhi High Court ruling that had held mobile telecom towers to be ‘plant and machinery’, thereby allowing input tax credit (ITC) under the Goods and Services Tax (GST) regime. The SLP, filed in the case of Bharti Airtel, was rejected at the…