SC 2023: GST ITC on Leasing Real Estate โ Safari Retreats
Safari Retreats Pvt. Ltd. v. Chief Commissioner of CGST (2023) Issue: Input Tax Credit (ITC) on construction of immovable property used for leasing Introduction The Goods and Services Tax (GST) system in India was created to simplify indirect taxes and to ensure a smooth flow of Input Tax Credit (ITC). However, some provisions of the

