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.
(b)

 

 

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

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Company: BHARAT ELECTRONICS LIMITED
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9 responses to “Simplified Notification on exempted services by way of Renting”

  1. kamal says:

    I don’t post such silly mistakes.

  2. CA bhavesh Mange says:

    yes. it is exempt only if provided by trust.

  3. N K Jain says:

    Regarding item e in above article (Renting of shop or other places for business or commercial purpose ) can you please quote the entry number in the Notification 12/2017 of 28/6/2017 that exempts rent up to 15000/- pm. I could not find any such entry.

  4. Reuben says:

    This is a little misleading. S.Nos. (d) and (e) exemption are applicable only in case the “premises, community halls, kalyanmandapam or open area” and “shops or other spaces” are owned or managed by an entity registered as a charitable or religious trust under section 12AA of the Income-tax Act, 1961 or a trust or an institution registered under sub clause (v) of clause (23C) ofsection 10 of the Income-tax Act or a body or an authority covered under clause (23BBA) of section 10 of the said Income-tax Act

  5. jayadev says:

    item e

    is it per month per assessee
    or
    is it per month per shop/premises

  6. Ashok says:

    In (e) amount should be Rs. 10,000 not 15,000.

  7. Arjun says:

    Notification shows Rs. 10,000/- per month.

  8. Pathan Tabishkhan says:

    e) Renting of Shops or other places for business or commerce purposes.

    Charges should be less than Rs. 15000/- per month or 10000/-

  9. Jayaram says:

    hi Anitha,

    In your article Point -C,D & E seems to wrong, It is exempt only if it provide by a Trust.

    Correct me if I am wrong.

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