Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

‘ACs, coolers installed in factories not plant and machinery’

IANS
Updated: August 21st, 2021, 16:04 IST
in Business
0
File pic

File pic

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Air-conditioning, cooling and ventilation system installed in a factory premise will not be considered part of plant and machinery as they are not movable and thus will not be eligible for inputs tax credit, Authority for Advance Ruling (AAR), Gujarat has ruled.

In an application filed by Wago Private Limited, it sought ruling on admissibility of input tax credit (ITC) of GST paid on the procurement of air conditioning, cooking and ventilation systems including the service of installation and commissioning of the same.

Also Read

Gold prices surpass $5,000 an ounce amid heightened global uncertainties

7 hours ago

Duty cuts on labour-intensive sectors, cars, wines likely part of India, EU FTA: Sources

9 hours ago

The AAR, however, said that Refrigeration/Air conditioning plants are basically systems comprising of compressors, ducting, pipings, insulators and sometimes cooling towers, etc.

They are in the nature of systems and are not machines as a whole. They came into existence only by assembly and connection of various components and parts.

Also, with regard to ventilation systems, the AAR said that if the goods are incapable of being sold, shifted and marketed without first being dismantled into component parts, the goods would be considered as immovable and therefore not excisable to duty and hence not eligible for ITC.

With regard to air conditioning and ventilation systems, the AAR went by the principle of movable and immovable plant and machinery. As immovable does not qualify for ITC, the systems installed by Wago Systems failed to get nod for ITC. Also, the same failed the test of mobility without getting dismantled.

IANS

Tags: Air ConditioningAuthority for Advance Ruling (AAR)coolingGSTGujaratinput tax credit (ITC)ventilation systemWago Private Limited
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019

Archives

Editorial

Republic of India

Indian Flag
January 26, 2026

We are aware how, once the month of January gets over, the rest of the year flies past in the...

Read moreDetails

Legal Apartheid

Aakar Patel
January 25, 2026

By Aakar Patel This week, Rajasthan is set to pass a segregation law modelled after one in Gujarat. It is...

Read moreDetails

Delhi Disenchantment

Silent Shift
January 24, 2026

By Dilip Cherian Not long ago, a central deputation was the IPS equivalent of a promotion without paperwork. A stint...

Read moreDetails

Trump’s Round Table

Trump
January 21, 2026

India is one of 60 countries the US has invited to join President Donald Trump’s controversial “Board of Peace” initiative...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST