General Motors India Pvt. Ltd ., In re
Date: March 9, 2025
Subject Matter
Assignment of leasehold rights of land and the sale of buildings, including machinery and equipment qualify as taxable events under GST
Summary
The case revolves around whether the assignment of leasehold rights of land and the sale of buildings, including machinery and equipment, by the applicant (M/s GMI) to HMI qualify as taxable events under GST. 1. Assignment of Leasehold Rights:…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, MAHARASHTRA The present application has been filed under Section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act” respectively] by M/s. General Motors India Private Limited, the applicant, seeking an advance ruling in res…