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

Q: How long will it take to read this news story?

The story "GST applicable on AAI-Adani pact for Thiruvananthapuram airport: Kerala AAR" has 546 words across 17 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "GST applicable on AAI-Adani pact for Thiruvananthapuram airport: Kerala AAR" was covered 3 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 305 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23489340</li><li>URL: https://beamstart.com/news/gst-applicable-on-aai-adani-17312331321526</li></ul>

Business Standard Logo Business Standard 3d ago

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).