https://www.taxtmi.com/caselaws?id=415397 The ruling authority determined that the installment payments made by a company for the lease of industrial land/shed to RIADA did not qualify as upfront payments and, therefore, were not exempted from GST under serial No. 41 of notification 12/2017. The authority held that the payments made in installments over 5 years after allotment did not meet the criteria of an upfront payment as defined by the notification, leading to the conclusion that the exemption under the notification did not apply. en-us Tue, 14 Sep 2021 00:00:00 +0530 Sat, 29 Mar 2025 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415397 The ruling authority determined that the installment payments made by a company for the lease of industrial land/shed to RIADA did not qualify as upfront payments and, therefore, were not exempted from GST under serial No. 41 of notification 12/2017. The authority held that the payments made in installments over 5 years after allotment did not meet the criteria of an upfront payment as defined by the notification, leading to the conclusion that the exemption under the notification did not apply. Case-Laws GST Tue, 14 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415397