Electricity Supply Exempt from GST; ITC Claim on Solar Power Denied by AAR

In re Kanishk Steel Industries Limited (GST AAR Tamilnadu) Tamil Nadu Authority for Advance Ruling (AAR) recently ruled on the input tax credit (ITC) eligibility of Kanishk Steel Industries Limited regarding their solar power plant. The company, engaged in steel manufacturing, sought clarification on whether ITC could be availed on goods and services used for the design, installation, and maintenance of a 10.2 MW solar power plant. The plant was intended for captive consumption, with generated electricity transferred to TANGEDCO, which would provide credits against the company’s factory ...