Goods and Services Tax : Explore GST implications for renting residential and commercial properties, focusing on exemptions and reverse charge mechanisms f...
Goods and Services Tax : Understand GST on renting residential dwellings: Taxability for residential or commercial purposes, reverse charge mechanism, IGST...
Goods and Services Tax : Clarification on GST for proprietors renting residential dwellings for personal use. Exemption extended to registered proprietors ...
Goods and Services Tax : Unravel the complexities of GST on let-out residential properties. Explore exemptions, changes post the 47th GST Council Meeting, ...
Goods and Services Tax : Article briefly discusses the GST applicability on rent in case where residential property is let out for business purposes and as...
Goods and Services Tax : Maharashtra Tax Practitioners’ Association has made a representation on Confusion related to Levy of GST under RCM on Reside...
Goods and Services Tax : In re Indian Metals and Ferro Alloys Limited (GST AAR Odisha) Q. Whether Service Received by a registered person by way of renting...
Goods and Services Tax : Seema Gupta Vs Union Of India & Ors. (Delhi High Court) HC held that renting of a residential dwelling by a proprietor of a re...
Goods and Services Tax : In re Bollu Siva Gopala Krishna (GST AAR Telangana) The applicant is renting immovable property and is desirous of ascertaining wh...
Goods and Services Tax : New CGST amendment mandates tax on renting of non-residential property by unregistered persons to be borne by registered recipient...
Seema Gupta Vs Union Of India & Ors. (Delhi High Court) HC held that renting of a residential dwelling by a proprietor of a registered proprietorship firm, who rents it in his/her own personal capacity for use as his/her own residence as well as not for use in the course or furtherance of business of […]
Dive into a case study on Reverse Charge Mechanism (RCM) on Renting of Residential Dwelling Units under GST. Explore the implications, intricacies, and challenges faced by a registered person dealing with consultancy services. Uncover the nature of the transaction, tax liabilities, and potential issues related to compulsory registration. Gain insights into the complexities and possible clarifications needed for effective compliance.
RCM under GST on Security Service, Goods Transport Agency (GTA), Advocate Service and Residential Property Taken on Rent.
Renting of Commercial property: This service has always been taxable under forward charge meaning thereby Supplier of Service ( i.e. Landlord) has to charge GST on amount of rent
Maharashtra Tax Practitioners’ Association has made a representation on Confusion related to Levy of GST under RCM on Residential Property, Rejection of Appeal for non-submission of Certified copy of order from Authorities and Issues related to GTA Time Limit Of 16.08.2022 For Submission Of Annexure V. MAHARASHTRA TAX PRACTITIONERS’ ASSOCIATION Date 19th Aug 2022 To Smt. […]
Taxation on the accommodation sector has seen multiple changes in GST regime with tweaking to the tax rate slabs, change in valuation mechanism from Declared Tariff to transaction value, etc
Learn everything you need to know about GST on renting residential immovable property. Understand how GST applies to renting, leasing, and licensing arrangements.
Unanswered questions about renting residential dwellings under GST. Learn about the recent changes and implications for registered persons.
Basic issue is whether accommodation services provided by hostel can be treated at par as with hotel or can it be treated as residential accommodation. Circular F. No. 354/17/2018-TRU-12-Feb-2018 provided clarification on hostel accommodation as under:
Renting of immovable properties has been divided in two part one is renting of commercial property and other is renting of residential property. Service by way of renting of commercial property is leviable to GST under forward charge mechanism form the inception of GST Law.
