Market Cooperative Shops & Warehouses Society Ltd ., In re
Date: November 2, 2023
Subject Matter
GST is leviable under RCM on Lease Renewal and Premium Payments made to Surat Municipal Corporation
Summary
The case law involves an application seeking a ruling on the liability to pay GST under Reverse Charge Mechanism (RCM) for lease renewal amount and premium on lease renewal payable to the Surat Municipal Corporation (SMC). The applicant sought exempt…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, GUJARAT Brief facts: M/s The Surat Textile Market Cooperative Shops & Warehouses Society Ltd, Surat Textile Market, Ring Road, Surat, Gujarat — 395 002 [for short — `applicant’] is cooperative society, formed for the purpose of maintenance & service of the Surat Textile Market. Their GST registration number is 24AACC…