GST AAAR Ruling: ITC Eligibility for Vessel Services in Gujarat

In re Assistant Commissioner (M/s. Sikka Ports & Terminals Ltd) (GST AAAR Gujarat) In the case of M/s. Sikka Ports & Terminals Ltd, the Gujarat Appellate Authority for Advance Ruling (AAAR) examined whether Input Tax Credit (ITC) is permissible under GST for services related to the operation, maintenance, and hiring of vessels. The authority analyzed the application of Section 17(5) of the Central Goods and Services Tax (CGST) Act, focusing on two key issues: services procured for vessel operation and maintenance and the hiring of vessels, specifically a Special Patrol Vehicle (SPV). T...