https://www.taxtmi.com/caselaws?id=458598 The Kerala AAR ruled that the transfer of airport operations from Airport Authority of India to Adani Thiruvananthapuram International Airport Limited does not constitute a business transfer or supply as going concern under GST law. Instead, both parties are providing services to each other - the concessionaire develops the airport while the authority provides manpower and leasing services. GST applies to annual concession fees and salary/staff cost reimbursements at 18% rate. However, reimbursement of municipal tax, property tax, and water charges are exempt from GST as expense reimbursements. The exemption notification 12/2017 does not cover these activities, and input tax credit reversal may be required under Section 17(2) for mixed supplies. en-us Wed, 10 Jan 2024 00:00:00 +0530 Fri, 25 Apr 2025 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458598 The Kerala AAR ruled that the transfer of airport operations from Airport Authority of India to Adani Thiruvananthapuram International Airport Limited does not constitute a business transfer or supply as going concern under GST law. Instead, both parties are providing services to each other - the concessionaire develops the airport while the authority provides manpower and leasing services. GST applies to annual concession fees and salary/staff cost reimbursements at 18% rate. However, reimbursement of municipal tax, property tax, and water charges are exempt from GST as expense reimbursements. The exemption notification 12/2017 does not cover these activities, and input tax credit reversal may be required under Section 17(2) for mixed supplies. Case-Laws GST Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458598