News & Media 4th Oct 2024

Shopping malls can avail GST Input Tax Credit on construction expenses, says SC

Authors

Rohit JainDeputy Managing Partner | Mumbai

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In a boost to commercial real estate and infrastructure projects, the Supreme Court ruled that if the building is constructed for supplying services such as renting or leasing out, it can be regarded as a plant and input tax credit (ITC) under GST will be eligible.

Against this backdrop, our Deputy Managing Partner Rohit Jain has been quoted in an article, “Shopping malls can avail GST Input Tax Credit on construction expenses, says SC” authored by  SHISHIR SINHA from businessline.

Read the article here

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