GST on ancillary services (Transfer / Extension / Conversion fees etc.)

In re M/s Punjab Small Industries & Export Corporation Limited (AAR Chandigarh) Issue under Consideration The Applicant wants the advance ruling on the issue that a company duly registered under the Companies Act, 2013 which is owned by State Government of Punjab and is mainly engaged in the business of developing and providing Industrial Plots on long term lease to the industrialists by virtue of Point No. 41 of the Notification No. 12/2017 Central Tax (Rate) dated 28.06.2017 is exempt from GST- whether the following ancillary services provided by it are also exempt:- • Transfer Fees &#...