Neither does the GST law provide the definition of an amusement park nor clarification any is provided by the Government for interpretation of the above press release.
Basis the above analysis of the definition of an ‘amusement park7 and the fact that BNIPL provided various rides and games around a central theme, caters to various age groups and has long lasting business operations, it is prudent to categorise BNIPL as an amusement park.
Accordingly, amusement activities provided by BNIPL in a mall i.e. a building structure should be considered an amusement park basis the above-mentioned Wikipedia definition of an amusement park and a park.
Source: taxguru.in
Latest Posts in "India"
- India’s E-Invoicing Rules: Scope, Formats, Penalties, and Compliance Under the GST Framework
- Continuous Supply of Services Under GST: Legal Criteria Versus Commercial Practice Explained
- Tripura HC: ITC Cannot Be Denied to Bona Fide Purchaser for Supplier’s Tax Default
- Ready-to-Drink Non-Alcoholic Beverages Like Mojito to Attract 40% GST, Rules WB AAR
- Bombay HC: Assignment of Long-Term Industrial Leasehold Rights Not Taxable as ‘Supply’ Under GST
