AAR Ruling on GST on 30 years Lease of Land for Commercial Office Complex  

In re Anmol Industries Limited (GST AAR West Bangal)

The GST Authority for Advance Rulings (AAR) in West Bengal has ruled that the upfront premium payable by Anmol Industries Limited towards the services of granting a long-term lease of industrial plots by Shyama Prasad Mookerjee Port (SMPK) does not qualify for a tax exemption under entry 41 of Notification No. 12/2017-CGST (Rate) dated June 28, 2017.

The case involved Anmol Industries Limited, which had entered into an agreement for leasing land at Taratala Road, Kolkata, for a period of 30 years, intending to set up a com

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