Since GST is not applicable on residential property rented for residential purpose BUT IF Residential flat is given to company as residence of their employees, Will it be covered under GST ?
If yes, please let me know which section or rule should be referred for clarity ?
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GST - Residential flat
Replies (4)
It is still exempt if the company uses the property for residential purpose. The key will be to properly draft the agreement
No it will be still exempt
The key ingredient of supply will be seen to determine the nature of supply. As it is rented for residential purpose only it continues to remain exempted.
Agree with Abhishek ji
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