ST - Long Term Lease of Industrial Plots by State Industrial Development Corporations Exempted.
GOVERNMENT has exempted
taxable service provided by State Government Industrial Development Corporations/ Undertakings
to industrial units
by way of granting long term (thirty years, or more) lease of industrial plots
on the one time upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable for such lease.
Notification No. , Dated: September 22 2016