https://www.taxtmi.com/caselaws?id=751987 Entry 41 of Notification No. 12/2017-Central Tax (Rate) exempts the upfront amount paid for a long-term lease of industrial plots only where the supply is made by a qualifying State industrial development corporation or other specified entity and the prescribed conditions are satisfied. The appellate record showed that the original ruling addressed mainly the ownership condition of the service provider and did not record findings on the other exemption requirements. Because the exemption claim had not been fully and reasoned adjudicated on all relevant conditions, the ruling was set aside and the matter was remanded for fresh consideration of the complete exemption issue. en-us Thu, 18 Apr 2024 00:00:00 +0530 Fri, 02 May 2025 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751987 Entry 41 of Notification No. 12/2017-Central Tax (Rate) exempts the upfront amount paid for a long-term lease of industrial plots only where the supply is made by a qualifying State industrial development corporation or other specified entity and the prescribed conditions are satisfied. The appellate record showed that the original ruling addressed mainly the ownership condition of the service provider and did not record findings on the other exemption requirements. Because the exemption claim had not been fully and reasoned adjudicated on all relevant conditions, the ruling was set aside and the matter was remanded for fresh consideration of the complete exemption issue. Case-Laws GST Thu, 18 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751987