M/s. Gujarat Hira Bourse

a.The subject consideration paid by industrial units to GHB is liable to GST.The Subject activity by GHB is Supply of Service.
b.The consideration paid to GHB is not exempt under entry 41 to said Notification.
c.Liability to GST arises from 1-7-2017. Thereby Statutory Interest is payable. This issue has been expounded at paragraph 17 of subject Ruling