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Maharashtra land sold by General Motors to Hyundai attracts 18% GST, says ruling

April 12, 2025

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The Morning Standard

THE transfer of Talegaon, Maharashtra, land by General Motors India to Hyundai Motor India Ltd (HMIL) is liable to 18% GST, the advance ruling authority of the state has said in a recent order.

- DIPAK MONDAL @ New Delhi

Maharashtra land sold by General Motors to Hyundai attracts 18% GST, says ruling

The ruling comes in the context of transfer of GM's ₹787 crore worth of Talegaon facility assets (leasehold industrial plot, buildings, and plant and machinery) to HMIL after the former stopped manufacturing activities and business as a going-concern.

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