ITC Ineligibility for Blocked Credits under Section 17(5)(c): Kerala GST AAR Ruling

Kannur International Airport Limited (GST AAR Kerala) Introduction: The Authority for Advance Ruling (AAR) in Kerala delivered a pivotal decision regarding the eligibility of Kannur International Airport Limited (KIAL) for claiming input tax credit (ITC) on construction-related goods and services. The ruling focused on the provisions of Section 17(5)(c) of the Central Goods and Services Tax Act, 2017 (CGST Act), which pertains to blocked credits, particularly in the context of works contract services for construction of immovable property. Detailed Analysis: KIAL, a government-promoted entity ...