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Leasing by a Town Panchayat of weekly-market entrance-fee collection rights to tender contractors is undertaken in its capacity as a public authority where it directly relates to the statutory function of markets and fairs. The phrase "in relation to" covers integral, incidental and ancillary arrangements needed to discharge that function. Contractors' collection under Panchayat-prescribed fees, receipts and conditions does not change the activity's statutory character or make it independently commercial. The leasing is neither a supply of goods nor a supply of services and therefore falls outside GST under the applicable notification.
Leasing by a Town Panchayat of weekly-market entrance-fee collection rights to tender contractors is undertaken in its capacity as a public authority where it directly relates to the statutory function of markets and fairs. The phrase "in relation to" covers integral, incidental and ancillary arrangements needed to discharge that function. Contractors' collection under Panchayat-prescribed fees, receipts and conditions does not change the activity's statutory character or make it independently commercial. The leasing is neither a supply of goods nor a supply of services and therefore falls outside GST under the applicable notification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4883 
