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of <h1>Maharashtra GST Exemption Covers Upfront Payments for Long-Term Industrial Plot Leases, Even if Paid in Installments.</h1> The circular issued by the Commissioner of State Tax, Maharashtra, clarifies that the Goods and Services Tax (GST) exemption applies to the upfront amount payable for long-term leases of industrial plots or plots for financial infrastructure development. This exemption, under Notification No. 12/2017-State Tax (R) Sr. No. 41, is applicable even if the upfront amount is paid in installments, as long as it is determined upfront. The circular is intended to provide clarification and should not be used for legal interpretation. Any issues with its implementation should be reported to the Commissioner's office.
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