Land Acquisition Compensation Exempt from GST: Solatium Payments Ruled Non-Taxable Under Service Supply Regulations

Land Acquisition Compensation Exempt from GST: Solatium Payments Ruled Non-Taxable Under Service Supply RegulationsCase-LawsGSTHC held that compensation paid as solatium for land acquisition is not subject to GST under CGST/KGST Act. The court determined

Land Acquisition Compensation Exempt from GST: Solatium Payments Ruled Non-Taxable Under Service Supply Regulations
Case-Laws
GST
HC held that compensation paid as solatium for land acquisition is not subject to GST under CGST/KGST Act. The court determined that sale of land and immovable property falls outside GST taxation, even without specific schedule exemptions. The compensation does not constitute a service supply with consideration, and the conditions in land acquisition agreemen

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =