https://www.taxtmi.com/article/detailed?id=8022 The central legal point is that a liquor manufacturing license, as a personal grant that can exist independently of a specific manufactory site, is not itself immovable property; accordingly, leasing the license should not automatically be treated as renting of immovable property service for indirect tax purposes. To manage tax risk and avoid composite supply outcomes under GST, parties are advised to use distinct agreements and may design license leasing to resemble an IPR service where appropriate. en-us Thu, 07 Jun 2018 06:12:12 +0530 Thu, 07 Jun 2018 06:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8022 The central legal point is that a liquor manufacturing license, as a personal grant that can exist independently of a specific manufactory site, is not itself immovable property; accordingly, leasing the license should not automatically be treated as renting of immovable property service for indirect tax purposes. To manage tax risk and avoid composite supply outcomes under GST, parties are advised to use distinct agreements and may design license leasing to resemble an IPR service where appropriate. Articles Goods and Services Tax - GST Thu, 07 Jun 2018 06:12:12 +0530 https://www.taxtmi.com/article/detailed?id=8022