GST on upfront amount payable on long-term lease
CBIC has issued a clarification on admissibility of GST exemption on upfront amount, paid or payable in installments for long term lease of industrial or developmental plots, under Notification 12/2017, on 30th April,2019. The circular was issued in furtherance of several representations. Entry No.41 of Exemption Notification 12/2017 provides for exemption on the upfront amount […]
SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2019
The Securities and Exchange Board of India (SEBI) on 22nd April, 2019 amended the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 to bring in the following two amendments to allow allotment and trading in publicly issued REITs in multiples of Lots. The first amendment has been made in existing Regulation […]
