Government ownership clarification: indirect ownership through a wholly owned entity qualifies for industrial lease tax exemption. The Explanation clarifies that the GST exemption for upfront amounts on long term industrial plot leases applies only where the Central Government, State Government or Union territory holds the requisite ownership interest in the entity granting the lease, either directly or through an entity that is wholly owned by the Central Government, State Government or Union territory, thereby confirming that indirect ownership through a wholly owned intermediary qualifies for the exemption.