Goods and Services Tax – Started By: – kamalakara ks – Dated:- 17-9-2017 Last Replied Date:- 25-9-2017 – Industrial building given on lease basis . Lease amount is ₹ 600 lacks interest free deposit which is refundable after the expiry period of 6 years . No monthly rent . How valuation of rental income for the purposes of GST payment . How GST invoice to be issued. How tenant take GST credit as he is not paying monthly rent . – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Section 7 (1) (a) of CGST Act, 2017 the expression supply includes all forms of supply of goods or services or both such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a pe
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