https://www.taxtmi.com/caselaws?id=783355 A lease of goods that transfers only the right to use, made from an FTWZ to the DTA, falls within Sl. No. 557B of Notification No. 50/2017-Customs where the transaction is covered by item 1(b) or 5(f) of Schedule II of the CGST Act, and IGST exemption is available subject to Condition 102. The exemption is not lost merely because GST on the lease service is discharged by the lessor in India rather than by the lessee, as the notification is aimed at preventing double taxation. In this setting, the bond undertaking for payment of integrated tax on the service is not required, while the remaining safeguards under Condition 102 continue to apply. en-us Fri, 21 Nov 2025 00:00:00 +0530 Mon, 15 Dec 2025 08:39:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783355 A lease of goods that transfers only the right to use, made from an FTWZ to the DTA, falls within Sl. No. 557B of Notification No. 50/2017-Customs where the transaction is covered by item 1(b) or 5(f) of Schedule II of the CGST Act, and IGST exemption is available subject to Condition 102. The exemption is not lost merely because GST on the lease service is discharged by the lessor in India rather than by the lessee, as the notification is aimed at preventing double taxation. In this setting, the bond undertaking for payment of integrated tax on the service is not required, while the remaining safeguards under Condition 102 continue to apply. Case-Laws Customs Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783355