- The Supreme Court of India rejected the GST department’s review petition.
- It confirmed that telecom towers are movable property, not immovable property.
- This means telecom operators can claim input tax credit (ITC) under GST.
- The towers are treated as “plant and machinery,” benefiting companies like Bharti Airtel and Indus Towers.
Source: tele.net.in
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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