https://www.taxtmi.com/article/detailed?id=7900 Leasing of physical factory premises is a taxable renting-of-immovable-property supply, while a statutory liquor licence is a personal permission not constituting immovable property. The licence can exist independently of a specific manufactory, be transferable by the licensee, and therefore leasing the licence alone should be treated as a distinct transaction with different indirect tax consequences; each of premises lease and licence lease must be assessed separately for tax characterisation and compliance. en-us Thu, 01 Mar 2018 10:22:53 +0530 Thu, 01 Mar 2018 10:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7900 Leasing of physical factory premises is a taxable renting-of-immovable-property supply, while a statutory liquor licence is a personal permission not constituting immovable property. The licence can exist independently of a specific manufactory, be transferable by the licensee, and therefore leasing the licence alone should be treated as a distinct transaction with different indirect tax consequences; each of premises lease and licence lease must be assessed separately for tax characterisation and compliance. Articles Goods and Services Tax - GST Thu, 01 Mar 2018 10:22:53 +0530 https://www.taxtmi.com/article/detailed?id=7900