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Daily Intelligence Capsule — 20 August 2026

Latest EditionLatest Edition — Thursday, 20 August 2026

SC Dismisses Review Plea, Confirms GST ITC on Telecom Towers

Airtel & Indus Towers Win

Case Law

The Supreme Court has dismissed the Centre's review petitions against its August 2025 ruling that telecom towers are movable "plant and machinery" eligible for GST input tax credit, bringing finality to a dispute involving ₹5,454.6 crore in quashed demands against Indus Towers.

Read the briefing

Section 17(5)(d) CGST Act Explained

When Is Equipment "Immovable Property" for ITC Purposes?

A practitioner's explainer on Section 17(5)(d) of the CGST Act — the immovable-property ITC restriction, the "plant and machinery" carve-out, and the permanence/annexation test courts actually apply.

Read: When Is Equipment "Immovable Property" for ITC Purposes?

GSTR-3B Due Today (20 August)

Pre-Filing Checklist for July 2026

A practitioner's pre-filing checklist for today's GSTR-3B (July 2026) due date — reconciliation, ITC verification, and common last-mile filing errors to avoid.

Read: Pre-Filing Checklist for July 2026