Goods and Services Tax – Started By: – Ethirajan Parthasarathy – Dated:- 27-7-2018 Last Replied Date:- 29-7-2018 – Is leasing out License to trade in Liquor is to be classified as IPR services. If yes is GST rate 12?. – Reply By Alkesh Jani – The Reply = Sir, In this regards, there are two scenario in this matter Leasing of License may be considered as goods, as per definition of goods given at Section 2(55) of CGST Act, 2017, and may be treated as supply of service as per Para 5 (2) (c) of Sch
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