GST ON LEASE LAND SURRENDER
MEENA VIVEK (253 Points)
11 November 2022In this regard I need your guidance as to whether the GST is applicable to the compensation of Rs.25 Lakhs or not.If applicable,the question of issuing invoice by the registered person does arise.If so shall the lessee company have to issue GST Invoice?. Because the lessor trust is unregistered GST Person.Hence please advise me to handle this problem suitably.Suppose if the compensation receipts being the amount for surrender of lease,then shall GST applicable?.This point also may be Kindly Clarified.