https://www.taxtmi.com/notifications?id=129025 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. en-us Thu, 27 Dec 2018 00:00:00 +0530 Sat, 16 Mar 2019 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129025 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. Notifications GST - States Thu, 27 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129025