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GST - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Exemption from GST - Lease Agreement between the Applicant ...


99-Year Land Lease with RLDA Not Exempt from GST; Not for Industrial or Financial Use.

July 15, 2020

Case Laws     GST     AAR

Exemption from GST - Lease Agreement between the Applicant Company i.e. the Lessee and RLDA for a period of 99 years - RLDA is just providing a parcel of land which is in its ownership therefore; the lease of the same cannot be categorized as meeting condition of industrial plot and for the purpose of financial business. - This activity is not exempted from levy of GST.

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