AAAR: Breakwater wall not ‘plant and machinery’ but a ‘civil structure’; Upholds AAR disallowing ITC

Maharashtra AAAR confirms AAR order, disallows ITC of the taxes paid on breakwater wall construction/reconstruction which acts as a safety wall for jetty and cargo/ships; Rejects Applicant's (having regasification plant at Dabhol Maharashtra) claim that breakwater wall though an immovable property, is covered under the term 'plant and machinery'; Peruses dictionery meaning of the term 'plant' to hold that plant includes a place where industrial activity takes place or a facto...