This discussion addresses whether a Letter of Intent (LOI) from a father can be used for GST registration purposes when a business operates from his rent-free premises. The consensus is that the owner's No Objection Certificate (NOC), essentially an LOI in this context, is sufficient for the GST registration process.
One of my friend, who does business, wants to go for GST registration. Currently, he is having his place of business at a premises owned by his father, free of rent. Can he get a Letter of Intent from his father, stating that, he has no objection in letting his premises to his son to carry on his business.