Building Rent

A Charitable Trust registered u/s 12A rent out a building to another society registered u/s 12A for running a recognized school. is Gst applicable on this or not? if yes, what is the rate?
Replies (3)
Quick Summary
This discussion explores whether Goods and Services Tax (GST) applies when a Charitable Trust, registered under Section 12A, rents out a building to another 12A registered society for running a school. The consensus is that GST is applicable if the rent is for business or commercial purposes and exceeds £10,000 per month, referencing specific GST notifications. However, exemptions may apply if the supply is for charitable activities and the rent is £10,000 or less per month.

Yes it's taxable if it is rented out for business or commerce purpose not for charitable activities & it's rent is more then 10000/- per month.

Kindly refer S.no.1 & 13 of Notification 12/2017 CT (r)
The tenant is an registered society and having registration u/s 12 A of income tax act

here the exemption is not granted as per recepient. but as replied , if supply is for charitable activities & rent is not more than 10000/- pm its exempted.

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