https://www.taxtmi.com/caselaws?id=458598 A PPP airport concession that leaves ownership, control, employees, goodwill and core assets with the grantor is treated as an operating lease and contractual service arrangement, not a transfer of business or going concern. The concessionaire's development, operation and maintenance services, and the grantor's leasing of facilities and supply of employees, are taxable supplies; GST applies to concession fee, annual concession fee and salary or staff-cost reimbursement. The going-concern exemption is unavailable because no transfer of going concern occurs. Reimbursement of municipal tax, property tax and water charges is not taxable if separately reimbursed as a pure pass-through. Input tax credit reversal is not required on the supplies discussed unless section 17(2) conditions are met. 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 A PPP airport concession that leaves ownership, control, employees, goodwill and core assets with the grantor is treated as an operating lease and contractual service arrangement, not a transfer of business or going concern. The concessionaire's development, operation and maintenance services, and the grantor's leasing of facilities and supply of employees, are taxable supplies; GST applies to concession fee, annual concession fee and salary or staff-cost reimbursement. The going-concern exemption is unavailable because no transfer of going concern occurs. Reimbursement of municipal tax, property tax and water charges is not taxable if separately reimbursed as a pure pass-through. Input tax credit reversal is not required on the supplies discussed unless section 17(2) conditions are met. Case-Laws GST Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458598