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 ?
Menu
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
Recent Topics :
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
Related Topics :
CAclubindia
