GST on reallocation of GIDC land not legal
Ahmedabad: Several companies are remonstrating after receiving goods and services tax (GST) notices for tax on considerations received for assignment of leasehold land to other entities. The Gujarat Chamber of Commerce and Industry (GCCI) has written to chief minister Bhupendra Patel and Union finance minister Nirmala Sitharaman, saying that GIDC plots are leasehold land and are not goods or…