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On the basis of the above, we find that the agreement between the applicant and the taker for a period of 99 years applies to a lease agreement with many restrictions and is not entitled to continue the sale of the awarded property. In the sale, the buyer becomes the absolute owner of the land and does not depend on the owner for the extension or extension of the term of the lease. (b) any rental or rental of the building, including a commercial, industrial or residential residence for businesses or businesses, in whole or in part, is a service. In the list of SAC codes below, you`ll find all the SAC codes and the corresponding GST phrases on them. This will help you know the right GST rate that you should calculate in your bills. For your ease, we`ve also included a column called “Also Check,” in which you can check if certain different ACSs should be used for your services. This list of SAC codes and the GST list for services were updated on November 10, 2017 following the 23rd GST Council meeting. 1.11 Assigned land cannot be sold or disposed of by the Allottee. The allocated land can only be sublet by allottee under the conditions set out in point 3 above. Accounting Codes Services (CODE SAC) 997212 is used for rental or rental services that involve property that is own or leased in accordance with the property and services tax nomenclature. The Service Accounting Code (SERVICE CODE) is used to identify the service. This service falls under the real estate services section. m.
The rental of private land (land, buildings, etc.) is classified in HSN 997212 of the “rental or rental of non-residential real estate” position and receives 18% (SGST 9% – CGST 9%) 11/2017 of 28.06.2017. The corresponding provision of the appendix and the application is reproduced as follows: – l. We note that the applicant`s deposit is not tenable since the e-challan of 3.1.2017 for Rs 415740/- by the applicant at the same time as the lease of the registration service and stamps Govt. Rajasthan is specifically submitted for the registration of leases. (a) INSAT/GSAT system (Annex 1, definitions (8)) – INSAT/GSAT system refers to the system built and operated by ISRO/DOS on a given orbital site and the satellite capacity that is leased by ISRO/DOS with government approval. c) e-Challan of 3.1.2017 for the registration and stamp section Govt 415740. Rajasthan is issued specifically for the registration of the lease. The applicant submits that the uplink and/or downlink operations carried out by customers required a ground base station owned or that could be leased by the teleportation operators. Customers, by teleporter or by their own ground equipment, up their data directly on the satellite and it can in the satellite area using appropriate ground equipment such as antenna, Modulator stocking transfigurators, set-top-boxes, etc. can be connected when a customer intends to identify all communication services such as, Television, Broadcast, Digital Satellite News Collection, Outdoor Broadcasting, Direct to Home, VSAT (Very Small Aperture Terminal – ATM, Retail, Department of Space (DOS) and tells customers the capacity of satellite bandwidth (in MHz) to enable these services. To do this, a transponder lease/CONTRAT contract is registered between DOS and the client with NSIL as a contract manager.
The customer begins to use the assigned satellite bandwidth capacity after receiving other administrative permissions/authorizations. No NSIL/DOS intervention is required for a post-down or descending link. Such a lease agreement, concluded on February 12, 2020 with M/S. Odisha Television Limited, is attached to your review. Under the agreement between DOS and Odisha Television Limited, there is no vacuum contract. DOS/ OT/ NSIL-GSAT10-DSNG-C-03-2020 of February 12, 2020, for the provision of 3 MHz of C-band capacity on the GSAT 10 satellite, the customer will use this band (uplink: 6304.5 – 6307.5 MHz/LH, Downlink: 4079.5 – 4082.5 MHz/LV) to transmit and receive DNGS media.