Haryana State Warehousing Corporation ., In re
Date: February 22, 2019
Subject Matter
Mortgage/lien fee and stock transfer fee charged in case of agricultural goods are not exempt from GST
Summary
Q. Whether lien or mortgage charges and stock transfer fees received by the applicant from the service receiver are taxable under section 9 of Central Goods and Service Tax Act, 2017 and Section 9 of Haryana Goods and Service Tax Act, 2017 or exempt…
1. The applicant is incorporated under Warehousing Corporation Act, 1962 which is an Act of Parliament. It provides services of storage and warehousing of both agricultural and non-agricultural produce. Goods which are stored in warehouses of the Applicant are kept as security by the owner of the goods. The stock warehoused can be used as a security for the purpose of availing loans from various f…