Industrial Land Lease Premium Not Taxable as Rent under Service Tax: CESTAT Mumbai

Asmeeta Infratech Ltd Vs Commissioner of CGST & Central Excise (CESTAT Mumbai)

Introduction: The CESTAT Mumbai recently ruled on a case involving Asmeeta Infratech Ltd versus the Commissioner of CGST & Central Excise. The dispute revolves around the taxation of the premium received by the appellant for sub-leasing industrial lands allotted by Maharashtra Industrial Development Corporation (MIDC).

Detailed Analysis: During the period from 2014-15 to

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