https://www.taxtmi.com/caselaws?id=397544 Lease rent for a water channel used for fish and crab farming was treated as exempt from GST because the transaction was characterised as renting or leasing of immovable property within the exemption for services relating to rearing of all life forms of animals by way of renting or leasing of vacant land. The ruling treated fish and crabs as animals, held that keeping them until full growth amounts to rearing, and accepted that the term "renting" in the notification covers leasing. The auction process was viewed only as a method for fixing rent and did not alter the legal character of the lease. en-us Wed, 20 May 2020 00:00:00 +0530 Wed, 19 Mar 2025 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397544 Lease rent for a water channel used for fish and crab farming was treated as exempt from GST because the transaction was characterised as renting or leasing of immovable property within the exemption for services relating to rearing of all life forms of animals by way of renting or leasing of vacant land. The ruling treated fish and crabs as animals, held that keeping them until full growth amounts to rearing, and accepted that the term "renting" in the notification covers leasing. The auction process was viewed only as a method for fixing rent and did not alter the legal character of the lease. Case-Laws GST Wed, 20 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397544