https://www.taxtmi.com/caselaws?id=305352 The AAR held that installment payments for land lease premium to RIADA do not qualify as "upfront" payments under GST notification 12/2017, serial no. 41. Despite the applicant receiving a 30-year industrial land lease after paying the first installment, subsequent payments made in 10 equal installments over 5 years after allotment do not meet the upfront payment criteria. The AAR determined that "upfront" means payment before service delivery, and since installments are paid after allotment, they remain subject to GST without exemption. en-us Fri, 14 Sep 2018 00:00:00 +0530 Tue, 10 Jun 2025 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305352 The AAR held that installment payments for land lease premium to RIADA do not qualify as "upfront" payments under GST notification 12/2017, serial no. 41. Despite the applicant receiving a 30-year industrial land lease after paying the first installment, subsequent payments made in 10 equal installments over 5 years after allotment do not meet the upfront payment criteria. The AAR determined that "upfront" means payment before service delivery, and since installments are paid after allotment, they remain subject to GST without exemption. Case-Laws GST Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305352