Urgent interim relief exception permits commercial suit without pre-institution mediation where immediate disclosure and asset protection are genuinel...
Portal order discrepancies invalidated rectification rejection, requiring fresh reasoned consideration after hearing and prompt communication of the o...
Exemption from GST - upfront amount charged by the Applicant (as lease premium) for granting long-term lease of ninety years - The AAR concludes that long-term leases are not considered sales of land under GST, and hence, the upfront amount charged by NOIDA is within the scope of GST. - The AAR rules that the lease premium charged by NOIDA for granting long-term leases is exempt from GST under Entry No. 41 of Notification No. 12/2017-CT (Rate) if the lease is for an industrial plot or infrastructure development for financial business and fulfills specified conditions.
Exemption from GST - upfront amount charged by the Applicant (as lease premium) for granting long-term lease of ninety years - The AAR concludes that long-term leases are not considered sales of land under GST, and hence, the upfront amount charged by NOIDA is within the scope of GST. - The AAR rules that the lease premium charged by NOIDA for granting long-term leases is exempt from GST under Entry No. 41 of Notification No. 12/2017-CT (Rate) if the lease is for an industrial plot or infrastructure development for financial business and fulfills specified conditions.
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