ITC allowed on inputs/services used for mall construction for letting out

Orissa High Court in the case of M/s. Safari Retreats Private Limited vs. Chief Commissioner of CGST held that Credit on inputs/services used for construction of malls for the purpose of letting out is allowable. Brief Facts: > The petitioner is engaged in the business of constructing shopping malls for the purpose of letting out to different tenants. > The assessee had locally procured input materials and availed professional services for construction purpose and paid CGST and OGST on such purchases. > The assessee approached revenue authorities for utilization of accumulated ITC of...