ITC Available On Capital Goods Used For Transmission Of Electricity From Power Station Of DISCOM To Factory Premises: Gujarat AAR
Live LawThe Gujarat Authority of Advance Ruling has ruled that the Input Tax Credit available on capital goods used for transmission of electricity from power stations of Distribution Companies to factory premises.The bench of Amit Kumar Mishra and Milind Kavatkar has observed that there is no provision under the CGST Act, 2017 which bars availment of ITC by the applicant. The Gujarat Authority of Advance Ruling has ruled that the Input Tax Credit available on capital goods used for transmission of electricity from power stations of Distribution Companies to factory premises. The applicant sought the advance ruling on the issue Whether a manufacturer is eligible to take ITC on the capital goods in the form of wires/cables electrical equipment etc used for transmission of electricity from power station of the DISCOM to the factory premises of the registered person which are installed outside factory premises as per rules and policy of GETCO, Government of Gujarat Electricity distribution company. The AAR has ruled that the applicant is eligible to take ITC on the capital goods in the form of wires/cables electrical equipment etc,630 mm square aluminium corrugated sheath/G cable line for installation of 66 KV feeder bay at substation of GETCO) used for transmission of electricity from power station of the DISCOM to the factory premises of the applicant.
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Service Tax Not Leviable On Service For Transmission Of Electricity By GETCO: CESTAT
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