GST exemption on upfront lease amounts applies when the premium is determined upfront, even if payable in instalments. GST exemption on upfront amounts for long-term leases of industrial or financial infrastructure plots applies where the amount is determined upfront, irrespective of whether it is paid in one or more instalments; this covers amounts called premium, salami, cost, price or development charges for leases granted by State government industrial development bodies or entities with majority government ownership to industrial units or developers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST exemption on upfront lease amounts applies when the premium is determined upfront, even if payable in instalments.
GST exemption on upfront amounts for long-term leases of industrial or financial infrastructure plots applies where the amount is determined upfront, irrespective of whether it is paid in one or more instalments; this covers amounts called premium, salami, cost, price or development charges for leases granted by State government industrial development bodies or entities with majority government ownership to industrial units or developers.
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