Mumbai Port Trust eligible for GST exemption on certain payments to MMRDA

In re Mumbai Port Trust (GST AAR Maharashtra) Question. Whether in law and in facts and circumstances of the case, the Applicant (MbPT) is entitled to exemption from payment of GST in terms of Entry No.3 of the Notification No. 12/2012-CTR dtd.20-06-2012 on the following considerations payable to it by Mumbai Metropolitan Region Development Authority (MMRDA’) in terms of Memorandum of Understanding (MOU) entered into between the MbPT and MMRDA. a. Way Leave fees & Lease rent payable every year as consideration for the grant of lease and way leave permission for the plot of land and w...