28 September 2023
I see this as an unfair treatment here although air conditioners are attached to the walls, they can be removed and fitted elsewhere. It is not immovable property. For example A centralised AC system is considered a plant and machinery and not immovable property, and thus restrictions u/s 17(5) should not apply. However, it should be ensured that the cost of the air conditioner should be separately booked as plant and machinery and not included in the building cost.
Under GST, every registered person should be eligible to claim ITC on purchase of goods/services intended to be used in the course of furtherance of business
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