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of <h1>Rajasthan Clarifies GST Exemption for Upfront Payments on Long-Term Industrial Plot Leases in Circular No. 25/2019.</h1> The Government of Rajasthan's Commercial Tax Department issued Circular No. 25/2019, clarifying the GST exemption on upfront amounts payable in installments for long-term leases of industrial plots or plots for financial infrastructure development. According to Notification No. S. No. 41 dated 29.06.2017, such upfront amounts, regardless of being paid in one or multiple installments, are exempt from GST if determined upfront. This applies to leases of thirty years or more, provided by State Government Industrial Development Corporations or entities with at least 50% government ownership, to industrial units or developers in industrial or financial business areas.
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