Goa Industrial Development Corporation ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Goa
- Date:
- October 17, 2019
- Type:
- Advance Ruling
- Members:
- JK Meena, Sarita Gadgil
Subject
GST applicable on the act of vacating the claim by parties of setting up SEZ units for which GSIDC has paid consideration
Summary
The applicant is a Government of Goa Undertaking and had entered into an agreement leasing land to parties for setting up Special Economic Zone (SEZ). However, this could not materialize due to protest from the people. As a result, deposit taken from…
Judgement
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 Industrial Development Corporation, Plot No. 13A-2, EDC Complex, Patto Plaza, Panaji -Goa, seeking an Advance Ruling in respect of the following question “Is an obligation to refr…