Inox Air Products Pvt Ltd ., In re
Date: March 17, 2026
Subject Matter
ITC on Leasehold Rights for Air Separation Plant Blocked Under Section 17(5)(d)
Summary
The Appellate Authority for Advance Ruling (AAAR) upheld the denial of Input Tax Credit (ITC) on Goods and Services Tax (GST) paid for the transfer of leasehold rights. The AAAR ruled that the transaction is restricted under Section 17(5)(d) of the C…
FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR ADVANCE RULING,TAMILNADU At the outset, we would like to make it clear that the provisions of both the Central Goods and Services Tax Act and the Tamil Nadu Goods and Services Tax Act are in pan materia and have the same provisions in like matter and differ from each other only on few specific provisions. Therefore, unless a mention is specifically…