GST Applicable on Airports Authority of India on Concession Fees and Asset Leasing for Airport Operations Managed by Adani Group: AAR [Read Order]
Kerala AAR ruled GST applies to the AAI-Adani concession agreement for Thiruvananthapuram Airport, distinguishing it as a service arrangement not a business transfer
By Kavi Priya - On November 12, 2024 12:15 pm - 2 mins read
In a recent ruling, the Kerala Authority for Advance Rulings (AAR) held that GST is applicable on the leasing and concession fees in the concession agreement between Airports Authority of India (AAI) and Adani Thiruvananthapuram International Airport Ltd. The applicant, the Airports Authority of India applied to seek clarification on whether the transfer of operational…
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