GST leviable on Long Term Lease: AAR Goa

The Authority for Advance Rulings (AAR), Goa has held that the long-term lease shall be subject to Goods and services Tax ( GST ) The applicant is a Government Company and is registered under the provisions of GST Act, 2O17, has executed Concession Agreement for Renovation/ Development of their Anjuna property through Private Investment Mode, with Myrayash Hotels Pvt. Ltd, Mumbai on 9 th December…