GST on Lease amount payable to RIADA after getting allotment letter

In re Matrix Horizons Private Limited (GST AAR Jharkhand)

The amount payable in installment to the Ranchi Industrial Development Authority (RIADA) on lease in respect of the scheduled land/ shed for a period of 30 years from the date of allotment after getting the allotment letter does not come under the category of upfront payment. Hence, it is not exempted from the GST vide serial no 41 of Please become a Premium member. If you are already a Premium member, login here to access the full content.