Input tax credit: No input tax credit for 99-year lease: AAAR – The Economic Times
https://economictimes.indiatimes.com/news/economy/finance/no-input-tax-credit-for-99-year-lease-aaar/articleshow/89018902.cmsMost companies and hotels pay GST at 18% on lease rentals and claim credit to reduce their tax outgo. Also in many instances the leased properties…