Commercial Metro Developer Not Covered as Government Authority; GST Exemption Denied

In re Bangalore Metro Rail Corporation Limited (GST AAR Karnataka) The Karnataka Authority for Advance Ruling (AAR) has ruled that Bangalore Metro Rail Corporation Limited (BMRCL) is not a “Governmental Authority” and is therefore ineligible for a GST exemption on certain concession activities. This ruling, in the case of In re Bangalore Metro Rail Corporation Limited (GST AAR Karnataka), stemmed from an application filed by BMRCL seeking clarification on its GST liability. The corporation, a joint venture between the Government of India and the Government of Karnataka, had entered...