Karnataka appellate authority sets precedent in reversal of AAR ruling

AAR had disallowed WeWork's ITC claim on detachable partitions; the reversal of its order would set a precedent as to what comes under movable property on whic ITC is allowed

Karnataka-based appellate authority has reversed the decision of the Authority for Advance Rulings (AAR) to allow claiming of input tax credit (ITC) for detachable sliding and stacking glass partitions.
 

The ruling is important as it would set a precedent as to what comes under immovable property where ITC is not allowed.

WeWork India Management had earlier approached AAR to seek its ruling over claiming of ITC for detachable sliding and stacking glass partitions.
 

The company provides shared workspace to freelancers, start-ups, small and large businesses. During the course of providing the service, it procured detachable sliding and stacking glass partitions, which