18% GST applicable on Assignment of Leasehold Right on Land: AAR [Read Order]

The West Bengal Authority of Advance Ruling (AAR) ruled that assignment of leasehold right on land is taxable at the rate of 18% under GST. The NCLT passed an order, initiating the corporate insolvency resolution process (CIRP), admitting the applicant as the corporate debtor, and appointed Kanchan Duatta as Interim Resolution Professional (IRP). The Committee […]

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