ITC not admissible on Land leasing services for construction of immovable property

In re J M Chemicals (Trade Name) Manjuben Rameshchandra Gupta (Legal Name) (GST AAR Gujarat) Whether M/s. J.M. Chemicals is eligible to claim Input Tax Credit of GST paid on input services of Lease Premium paid to Ginni Filaments on which they have charged GST under the head miscellaneous receipt under SAC code No. 99979. Applicant submits that the Lease of land is absolutely not related to construction of building infact the building is constructed after land is acquired on lease by JM and obtaining land on lease cannot be considered to be a service used for construction of immovable property...