Reverse Charge Mechanism Applies to Renting Services from SEEPZ Authority Under IGST Act, Section 5(3). Not Zero-Rated.

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....Reverse Charge Mechanism - procurement of renting of immovable property services from Seepz Special Economic Zone Authority (Local Authority) - zero rated supply or not - Overall, a harmonious construction of section 5 (3) of IGST Act, 2017 read with relevant notifications and section 16 of IGST Act, 2017 clearly stipulates that applicant is liable to pay tax under Reverse Charge mechanism. - AAR....