https://www.taxtmi.com/circulars?id=60747 GST exemption under Notification 12/2017-State Tax (Rate), Entry No.41, for upfront amounts (premium, salami, cost, price, development charges or other name) payable for granting long-term leases of industrial plots or plots for development of infrastructure for financial business by State Government entities or entities with majority government ownership is admissible provided the amount is determined upfront; this exemption applies irrespective of whether the determined upfront amount is paid in one lump sum or in multiple instalments. en-us Tue, 30 Apr 2019 00:00:00 +0530 Fri, 03 May 2019 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60747 GST exemption under Notification 12/2017-State Tax (Rate), Entry No.41, for upfront amounts (premium, salami, cost, price, development charges or other name) payable for granting long-term leases of industrial plots or plots for development of infrastructure for financial business by State Government entities or entities with majority government ownership is admissible provided the amount is determined upfront; this exemption applies irrespective of whether the determined upfront amount is paid in one lump sum or in multiple instalments. Circulars GST - States Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60747