West Bangal AAR Rejects KANISKA Engineering ITC Query

In re Kaniska Engineering Industries LLP (GST AAR West Bangal) The West Bengal Authority for Advance Ruling (WBAAR), comprising Shafeeq S and Jaydip Kumar Chakrabarti, addressed an application filed by KANISKA Engineering Industries LLP. KANISKA Engineering sought an advance ruling on the eligibility of Input Tax Credit (ITC) for inward supplies used in the construction of a warehouse, which they subsequently leased to M/s Whirlpool of India Limited. The constructed warehouse, located at J.L.21, Bangihati, Hooghly, was completed on December 22, 2023, and leased for a monthly rent of Rs. 57,84,...