GST on the one-time lease premium —–- The court observed that they did not find any good ground and reason to take a different view than the one expressed by the High Court. However, they have not examined the question of exemption granted by Notification No. 12 of 2017-CT (Rate) dated 28.06.2017 and the scope and ambit of the expression in Clause 2 (a) of Schedule-II . These aspects are left open.
Held that:- The Hon’ble Court dismissed the special leave petition.