AAR: Rules on eligibility of ITC on water-slides, swimming-pool construction, etc. to Amusement Park

Madhya Pradesh AAR allows ITC on foundation and structural support to Amusement Park to the extent that the same are used to fasten the apparent equipment to earth; However finds that, ITC on the inward supplies of goods or services involved in the construction of immovable property being civil structures won’t be available; Notes that the Applicant is an amusement park and has proposed activity of construction of water park which sha...