GST applicable on AAI-Adani pact for Thiruvananthapuram airport: Kerala AAR

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GST applicable on AAI-Adani pact for Thiruvananthapuram airport: Kerala AAR - Business Standard

Quick Summary:

The Kerala AAR ruling is contrary to the rulings passed by the Rajasthan and Gujarat Appellate Authority for Advance Ruling (AAAR) in the case of transfer of Jaipur and Ahmedabad airports and Uttar Pradesh AAR in the case of Chaudhary Charan Singh International Airport in Lucknow.

The concessionaire agreement between the AAI and Adani Thiruvananthapuram International Airport Ltd is not a 'transfer of business', but supply of services and hence is liable to GST, the Kerala-bench of the GST Authority for Advance Ruling (AAR) has said.

These authorities had exempted such transfers from goods and services tax (GST).