Case LawADVANCE RULING NO. GOA/GAAR/4 OF 2018-19/2429
Goa Tourism Development Corporation Ltd., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Goa
- Date:
- October 21, 2018
- Type:
- Advance Ruling
- Members:
- ASHOK V. RANE AND S.K. SINHA
Subject
GST is applicable on long term lease of non-industrial plots
Transition
Summary
The applicant sought to know if one-time upfront concession fee charged by it, an undertaking of Government of Goa, for lease of 60 years granted to M/s Myrayash Hotels Pvt. Ltd, Mumbai is exempted from payment of GST under Sr. No. 41 of Notification…
Judgement
1. The present application has been filed under section 97 of the Goa Goods and Services Tax Act, 2017 and the Central Goods and Services Tax, Act 2017 (hereinafter referred to as the SGST Act and CGST Act) by M/s Goa Tourism Development Corporation Ltd., 3rd Floor, Paryatan Bhavan, Patto, Panaji - Goa (hereinafter referred to as the applicant) seeking an Advance Ruling in respect of the following…