Yamuna Expressway Industrial Development Authority, In re
Date: June 6, 2018
Subject Matter
GST is not applicable on upfront amount payable in respect of services by way of granting of long-term lease of thirty years or more for plots catering to public healthcare
Summary
Upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable in respect of service by way of granting of long-term lease of thirty years, or more) of industrial plots or plots for development of infrastruc…
1. M/s. Yamuna Expressway Industrial Development Authority, 1st Floor, Commercial Complex, P-2, Omega 1, Greater Noida, Gautam Budh Nagar, Utter Pradesh - 201308 (hereinafter called the applicant) is a registered assessee under GST having GSTN : 09AAALT0341DIZC. 2. The applicant, in their application dated 9-3-2018, raised the following question to be determined by the authority for Advance Ruling…