AAR: 'Lifts' being integral part of Hotel Building, ITC of tax paid thereon not available

Madhya Pradesh AAR denies Input Tax Credit (ITC) on lifts procured and installed in hotel building; Applicant constructed a hotel (multi-storey building) with more than 100 rooms and facilities of gym, spa, swimming pool, restaurant and a provision of ‘lift’ which was essential in running the business in this multi-storey building; Elucidates that lifts are assembled and manufactured to suite the requirement of a particular building and are not sold out of shelf; States t...