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    <title>2022 (1) TMI 1300 - AUTHORITY FOR ADVANCE RULING, JHARKHAND</title>
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    <description>The ruling determined that the transfer of ownership of Freehold land is not subject to GST as it falls under Schedule III of the CGST Act, 2017. Leasehold land transfer is taxable at 18% unless exempt under Notification No. 12/2017. Annual lease rent is also taxable at 18%. The recipient cannot claim Input Tax Credit on inward goods and services.</description>
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      <description>The ruling determined that the transfer of ownership of Freehold land is not subject to GST as it falls under Schedule III of the CGST Act, 2017. Leasehold land transfer is taxable at 18% unless exempt under Notification No. 12/2017. Annual lease rent is also taxable at 18%. The recipient cannot claim Input Tax Credit on inward goods and services.</description>
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