Page 189 - GSTL_27th August 2020_Vol 39_Part 4

2020 ] SUBJECT INDEX 507
KERALA VALUE ADDED TAX ACT, 2003 :
— Section 55 - See under WRIT JURISDICTION .................. 263
Kernel/seed of Tamarind, classification and rate of GST - See under
TAMARIND SEED ................................. 197
Knitted fabrics - All knitted fabrics regardless of raw materials of cotton,
polyester, etc. classifiable under Chapter 60 of Customs Tariff Act, 1975
when not covered under the exclusions mentioned thereunder - Further
classification not possible when further details such as dimensions,
weight, etc. not provided - Applicable rate of knitted fabrics is a single
rate irrespective of their constituent materials, i.e., Cotton (100%) or 100%
of Polyester/Viscose/Rayon/Nylon or blended of any nature which is
2.5% CGST provided vide Sl. No. 221 of Schedule-I to Notification No.
1/2017-C.T. (Rate) as amended and 2.5% SGST provided vide S. No. 221
of Schedule-I to Notification No. II(2)/CTR/532(d-4)/2017 vide G.O.
(Ms) No. 62, dated 29-6-2017 — In Re : Global Textile Alliance India Pvt. Ltd. (A.A.R.
- GST - T.N.) ....................................... 40
Latex Block Mattresses covers, classification and rate of GST - See under
COVERS OF PILLOW ................................ 40
Lease of immovable property, taxability of one time premium - See under
RENTING OF IMMOVABLE PROPERTY SERVICE ............... 266
Lease premium - Payment of ` 15.86 crores made to RLDA as a part of Lease
Agreement (LoA) towards the first installment of the lease premium as
specified in LoA/schedule of payment - Applicant being a registered
entity, liable to pay GST directly in Government account under Reverse
Charge Mechanism (RCM) as per LoA - Applicant in pursuance to
Section 13(3) of Central Goods and Services Tax Act, 2017 deposited first
instalment of lease premium of ` 15.86 crores by various RTGS on
different dates from 16-2-2019 to 22-2-2019 - Lease premium deposited by
applicant is a consideration towards leasing services supplied by RLDA
to the applicant and thus liable to GST - Notification No. 4/2019-C.T.
(Rate) or Notification No. 12/2017-C.T. (Rate) not attracted — In Re : Hazari
Bagh Builders Pvt. Ltd. (A.A.R. - GST - Raj.) ........................ 216
Leasing of water vessel, classification and rate of GST - See under HIRING
OR LEASING OF WATER VESSEL ........................ 374
Leasing Service - RLDA is leasing the parcels of land and thus supplying
rental or leasing service of its own land for commercial function - Leasing
services classifiable under HSN Code 9972 12 and fall under Serial No.
16(iii) of Notification No. 11/2017-C.T. (Rate) (as amended) and attracts
GST @ 18% (SGST 9% + CGST 9%) - Such services being made by RLDA,
a statutory authority of Government of India to a registered entity (i.e.,
the applicant), fall under RCM - Applicant being the recipient of services
liable to pay GST under RCM as per Serial No. 5A of Notification No.
13/2017-C.T. (Rate) (as amended) - Serial No. 41B of Notification No.
12/2017-C.T. (Rate) as amended vide Notification No. 4/2019-C.T. (Rate)
not attracted, amount of ` 15.86 crores having been deposited by
applicant during the month of Feb., 2019 which is prior to the applicable
date 1-4-2019 - Also, RLDA not awarding industrial plots to applicant but
a portion of land over which some residential infrastructures meant to be

GST LAW TIMES  27th August 2020  189