This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
QIP Service ITC Available for Debt Repayment, Not Subsidiary Investment: AAAR Haryana
Case Law Details
- Case Name
- In re RHI Magnesita India Limited (GST AAAR Haryana)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- AAAR, AAR Haryana, Advance Rulings
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
In re RHI Magnesita India Limited (GST AAAR Haryana)
The appeal arose from an Advance Ruling issued by the Haryana Authority for Advance Ruling (AAR), which had held that input tax credit (ITC) was not available on services procured in connection with a Qualified Institutional Placement (QIP). The appellant challenged this finding before the Haryana Appellate Authority for Advance Ruling (AAAR).
The appellant, a registered taxpayer engaged in the manufacturing and marketing of specialty refractory products, had undertaken a Qualified Institutional Placement (QIP) in accordance with the applica...
Author Info
