No GST on Amount Paid as Premium for Lease of Hospital for 30 years: Allahabad HC [Read Order]

By Yogitha S. Yogesh - On October 17, 2023 4:58 pm - 2 mins read
No GST on Amount Paid - Premium for Lease - Hospital for 30 years-Allahabad HC-TAXSCAN

The Allahabad High Court has held that premium for plots allocated for hospitals under lease extending up to 30 years or more falls under the definition of ‘amount paid upfront’ and is exempt from Goods and Service Tax. M/S Ram Kamal Healthcare Pvt. Ltd, the petitioner filed petition to quash the letter/communication dated 24.08.2018 issued…

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