GST not leviable on rent received on leasing residential premises to students, staff and teachers

Bhandary Gas Agency Vs Joint Commissioner of Commercial Taxes (Karnataka High Court) Karnataka High Court held that the rent received by leasing out residential premises for the purpose of students, staff and teachers would not be exigible / amenable to GST. Accordingly, order is set aside and present petition is allowed. Facts- On 02.08.2022, the 2nd respondent conducted an audit and prepared a report u/s. 65(6) of the GST Act, 2017 and included the rent received from the schedule property, which was leased out by the petitioner with Bhandary Foundation for providing the schedule property fo...