Gst on renting of residential complex

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SIJU VARGHESE (Querist)
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14 July 2017 Sir,

An individual has given his flat for residential purpose to a company. The company is using this flat for staff accommodation.

Whether the same is exempted from GST as per the exemption list?

CA. Vinodh Kothari

CA. Vinodh Kothari (Expert)
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14 July 2017 The rent received by the individual is Commercial Rent and not Residential rent as the house is used by company for their staff and the company pays the rent. If the individual total rent receipts and business receipts is more than Rs.20 Lakhs then he is liable to register under GST.

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SIJU VARGHESE

SIJU VARGHESE (Querist)
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15 July 2017 Sir,

Thank you for your reply.

Sir, is there any difference if, as per the agreement with the company, the occupant is only one employee and his family and it is specifically mentioned in the agreement that the flat can be used for their residential purpose only?

CA. Vinodh Kothari

CA. Vinodh Kothari (Expert)
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15 July 2017 If agreement is with company it is treated as commercial. Whether used for residential or commercial purpose.

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