whether transfer fee (pagdi) for shop received is under GST or not ? if yes what is the rate ?
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Quick Summary
This discussion clarifies whether the 'pagdi' or transfer fee received for a shop is subject to Goods and Services Tax (GST). According to Circular 44/18/2018 GST, the grant of tenancy rights is indeed taxable under GST at a rate of 18%. However, it's important to note that tenancy rights for residential dwellings are exempt from GST.