Company's Service Classified as “Rental of Non-Residential Property” Under SAC 9972, Subject to 18% GST Rate.
Case-Laws
GST
Levy of GST – Difference between \u2018storage or warehousing\u2019 service and \u2018renting of storage premises\u2019 service – The service provided by M\/s. Rishi Shipping is classifiable as \u2018Rental or leasing services involving own or leased non-residential property\u2019 (Service Accounting Code \u2013 9972) leviable to Goods and Services Tax @ 18%.
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