The applicant is eligible to take input tax credit of GST paid on acquiring the Design, Engineering, Supply, Execution (EPC)of 265KW Roof top Grid Solar PV Power Plant as per MNRE IEC Standards.
Authority for Advance Ruling — ITC on Roof Top Grid Solar Power Plant – The applicant is in the process of installing a captive roof top solar grid connected power plant in the edible oil extracting plant. They have placed order on KCP Solar Industry for purchase of solar panels, which have been installed at the top of the roof of the factory building and oil tanks. Electricity generated from these solar plants has been fully consumed to produce taxable goods. The applicant sought an Advance Ruling as to whether the company is eligible to take ITC as inputs/capital goods or input services of the items used in Design, Engineering, Supply, Execution (EPC) of 265KW Roof top Grid Solar PV Power Plant as per MNRE 8v IEC Standards; whether the company is eligible to take input tax credit for inputs and services for running the solar plant. The authority observed that the applicant is eligible for availing ITC as inputs/capital goods or input services of the items used in Design, Engineering, Supply, Execution (EPC) of 265KW Roof top Grid Solar PV Power Plant, procured from M/s KCP Solar Industries, as they have complied with the provisions of Sections 16 (1) and (2), 17 (5) of the CGST Act, 2017. The authority further observed that they have not furnished the list of inputs and services that will be used in running the solar plant as they have done for the capital goods.
Held that:- The Hon’ble Authority for Advance Ruling held that the applicant is eligible to take ITC of GST paid on acquiring Roof top Grid Solar PV Power Plant. Further, pronounced no ruling, as the details of such input goods/ services which are proposed to be or used in running the plant have not been furnished.
The applicant is eligible to take input tax credit of GST paid on acquiring the Design, Engineering, Supply, Execution (EPC)of 265KW Roof top Grid Solar PV Power Plant as per MNRE IEC Standards.
Authority for Advance Ruling — ITC on Roof Top Grid Solar Power Plant – The applicant is in the process of installing a captive roof top solar grid connected power plant in the edible oil extracting plant. They have placed order on KCP Solar Industry for purchase of solar panels, which have been installed at the top of the roof of the factory building and oil tanks. Electricity generated from these solar plants has been fully consumed to produce taxable goods. The applicant sought an Advance Ruling as to whether the company is eligible to take ITC as inputs/capital goods or input services of the items used in Design, Engineering, Supply, Execution (EPC) of 265KW Roof top Grid Solar PV Power Plant as per MNRE 8v IEC Standards; whether the company is eligible to take input tax credit for inputs and services for running the solar plant. The authority observed that the applicant is eligible for availing ITC as inputs/capital goods or input services of the items used in Design, Engineering, Supply, Execution (EPC) of 265KW Roof top Grid Solar PV Power Plant, procured from M/s KCP Solar Industries, as they have complied with the provisions of Sections 16 (1) and (2), 17 (5) of the CGST Act, 2017. The authority further observed that they have not furnished the list of inputs and services that will be used in running the solar plant as they have done for the capital goods.
Held that:- The Hon’ble Authority for Advance Ruling held that the applicant is eligible to take ITC of GST paid on acquiring Roof top Grid Solar PV Power Plant. Further, pronounced no ruling, as the details of such input goods/ services which are proposed to be or used in running the plant have not been furnished.