One Time Premium Received On Allotment Of Completed Commercial Units/Building Attracts 18% GST: AAR

The  Gujarat Authority for Advance Ruling (AAR)  has held that a one-time premium received by the applicant on allotment of completed commercial units or buildings attracts 18% GST. The two-member bench of  Amit Kumar Mishra  and  Milind Kavatkar  has held that the one-time premium received by the applicant on allotment of completed commercial units or buildings is a…