Services by way of renting of residential dwelling for use as residence.
Query (Issue) Started By: – S.C. WADHWA Dated:- 31-5-2018 Last Reply Date:- 2-6-2018 Goods and Services Tax – GST
Got 6 Replies
GST
Services by way of renting of residential dwelling for use as residence.
\nPlease clarify:
\nWhether this service should be reported as exempted supply or nil rated supply in GSTR 3B
\nReply By Alkesh Jani:
\nThe Reply:
\nSir, In my point of view , it shall be treated as "Nil rated supply".
\nOur experts may correct me if mistaken.
\nThanks
\nReply By CSSANJAY MALHOTRA:
\nThe Reply:
\nRenting of property is taxable activity but exemption has been given if the same is used for Residential purposes. Hence the service falls under e<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n (2) where exempt from payment of tax, may be treated as “exempted”. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Services by way of renting of residential dwelling for use as residence. Query (Issue) Started By: – S.C. WADHWA Dated:- 31-5-2018 Last Reply Date:- 2-6-2018 Goods and Services Tax – GSTGot 6 RepliesGSTServices by way of renting of residential dwelling for use as residence. Please clarify: Whether this service should be reported as exempted supply … Continue reading “Services by way of renting of residential dwelling for use as residence.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-12002","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/12002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12002"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/12002\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nYour kind guidance is the matter is highly solicited.
\nWith Regards,
\nReply By KASTURI SETHI:
\nThe Reply:
\nSection 2(47) of CGST Act, 2017 makes the position clear as already replied by Sh.Sanjay Malhotra, Sir.
\nSection 11 comes into play when tariff rate is not nil.
\nSection 11 stands for exemption by virtue of Notification in contrast to "Tariff Rate -NIL".
\nSection 11(1) grants general exemption and Section 11 (2) grants exemption under exceptional nature.
\nReply By KASTURI SETHI:
\nThe Reply:
\nSh.Sanjay Malhotra Ji,. Sir,. In your reply above, you have mentioned the words, "This is my view". In my view, your words, "this is my view" are redun<\/p>\n
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