Appeal on Solar Power ITC Dismissed for Delay by TN AAAR

In re Kanishk Steel Industries Limited (GST AAAR Tamil Nadu) This case revolves around a dispute filed by Kanishk Steel Industries Limited (Kanishk Steel) against an Advance Ruling issued by the GST Authority for Advance Ruling (AAR), Tamil Nadu. The core issue was whether the company was eligible to claim input tax credit (ITC) on the goods and services used for the installation and maintenance of a new 10.2 MW solar power plant intended for captive consumption. The AAR had ruled against the company, stating that the generation and supply of electricity were an exempt supply, thereby making t...