GST on construction & licensing of commercial space adjacent to Airport Metro Station

In re Maharashtra Metro Rail Corporation Ltd. (GST AAR Maharashtra) Maharashtra Metro Rail Corporation Ltd. (Maha-Metro), a government entity with equal equity from the central and state governments, issued a tender for the construction and licensing of a commercial space adjacent to the Airport Metro Station in Nagpur. Abhijit Realtors and Infraventures Pvt. Ltd. won the bid, and a license agreement was signed in July 2022. The agreement mandates the construction of a bare shell commercial structure, including RCC works, within 24 months. The license period is set for 60 years. Maha-Metro rec...