GST not applicable on upfront amount for lease of 30 Years or more for plots

In re Yamuna Expressway Industrial Development Authority (GST AAR Uttar Pradesh)

Whether GST is applicable on upfront amount (called as premium / salami) payable in respect of services by way of granting of long term lease of the thirty years or more for plots catering to public health care such as hospital, nursing home, diagnostic centers etc.?

GST is not applicable i.e. exempted on upfront amount, if the conditions are satisfied as mentioned Sl. No. 41 of Notification No. 12/2017 dated 28.06.2017 as amended by Notification No. 32/2017-Central Tax (Rate) dated 13.10.2017.

FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING, UTTAR PRADESH

Sub:- GST ACT, 2017 – Advance Ruling U/s 98 – liability to tax under GST Act in respect to application dated 09.03.2018 from M/s. Yamuna Expressway Industrial Development Authority, Greater Noida – Order issued – Reg.

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