Salient Provisions of Intra Sales Exempted Services By Way Of Renting
1. The Central Government has exempted selected Intra Sales services vide notification No. 12/2017- Central Tax (Rate) dt 28 June 2017.
2. An attempt has been made to simplify the content of notification with the help of pictures and brief description. Article on this subject will be in consecutive series .This is the first series indicating Salient features of GST exemptions on services by way of renting :–
|S. No.||Description of Services||Remarks|
|(a)||Renting of residential dwelling Units
|It should be used only for residential purpose.|
|Renting of precincts of religious place meant for general public||The Religious places should be owned by an entity registered as charitable or religious trust under section 12AA of the Income Tax|
|(c)||Renting of Rooms||Room Rent should be less than Rs. 1000/- per day|
|(d)||Renting of premises , community hall Kalyanmandapan or open area||Charges should be less than Rs. 10000/- per day.|
|(e)||Renting of Shops or other places for business or commerce purposes.
|Charges should be less than Rs. 15000/- per month|