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Retrospective GST Amendment Nullifies SC ITC Relief on Construction Costs

SEO Expert May 22, 2026

The Finance Act, 2025 retrospectively amended Section 17(5)(d) of the CGST Act after the Supreme Court allowed ITC on certain commercial buildings under the functionality test. The amendment effectively reversed the earlier interpretation from July 2017.

The post Retrospective GST Amendment Nullifies SC ITC Relief on Construction Costs appeared first on TaxGuru.

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