Kobelco Construction Equipment India Pvt. Ltd. ., In re
Date: August 5, 2025
Subject Matter
Assignment of Long-Term Leasehold Rights and Land Development Cost are Taxable Under GST
Summary
M/s Kobelco Construction Equipment India Pvt Ltd sought an advance ruling on the GST implications of transferring its long-term leasehold rights (remaining 89 years of a 99-year lease) in Sri City to M/s India Metal One Steel Plate Processing Private…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, ANDHRA PRADESH 1. M/s Kobelco Construction Equipment India Pvt Ltd, 4100, Central Expressway, 355 & 505, Palmyra Road, Sri City, DTZ, Tirupati District, Andhra Pradesh – 517646, (GSTIN No. 37AACCK9469N1ZN) (hereinafter referred to as applicant) has filed an application in FORM GST ARA-01 under Section 97(1) of the Central Goods & Serv…