Case LawGUJ/GAAR/R/46/2021
Airport Authority of India ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Gujarat
- Date:
- August 27, 2021
- Type:
- Advance Ruling
- Members:
- Sanjay Saxena, Arun Richard
Subject
Transfer of going concern is a supply of service and exempted from GST
BusinessGoing Concern
Summary
1. Whether the transfer of business by the AAI to the M/s. Adani Ahmedabad International Airport Limited be treated as Supply u/s. 7 of the Central Goods and Service Tax Act, 2017 (“CGST”) viz-a-viz Gujarat State Goods and Service Tax Act…
Judgement
1. M/s. Airport Authority of India (hereinafter referred to as AAI, for the sake of brevity) is an authority created under the Airport Authority of India Act, 1994 ( hereinafter referred to as the AAI Act). The AAI Act was enacted to provide for the constitution of the AAI for the better administration and cohesive management of the airports. AAI has been created for the purpose of establishing or…