SAVE GST ON RENTAL INCOME

This discussion explores methods for saving Goods and Services Tax (GST) on commercial rental income. While Section 17(5) generally blocks Input Tax Credit (ITC) on immovable property-related supplies, there's a pending Supreme Court case (M/s Safari Retreats Pvt Ltd) that could allow ITC if ruled in favour of the assessee. This case might offer future opportunities to reduce net GST payments.