29 February 2020
Whetther GST is applicable on Lease Rental received for Land given to a Rice Mill on lease. is it exempt as the activity of rice mill is related to agriculture. If land is given only for storage/ warehousing of agriculture produce to rice mill then what will be the treatment. If exempt please give reference.
29 February 2020
GST applicable on such lease rental. 5% GST applicable on rice mill it's not exempt. If land is given for such purpose for the usage of rice mill GST applicable.
CAclubindia
