gst on house rent
Query (Issue) Started By: – jayesh thacker Dated:- 24-7-2017 Last Reply Date:- 28-9-2017 Goods and Services Tax – GST
Got 11 Replies
GST
our company provide house to some employee and pay rent monthly by company total 4 house rent amount is 35000\/- in this case gst is applicable or not
\nReply By HimansuSekhar Sha:
\nThe Reply:
\nRenting of immovable property for residential purpose no gst.
\nReply By Ganeshan Kalyani:
\nThe Reply:
\nNo GST is applicable.
\nReply By KASTURI SETHI:
\nThe Reply:
\nI support the views of both experts. Exempted from GST vide Notification No.12\/17-Central Tax (Rate) dated 28.6.17 (Serial No.14). Read the conditions laid down.
\nReply By MARIAPPAN GOVINDARAJAN:
\nThe Reply:
\nYes, it is exempted.<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n by whatever name called, for residential or lodging purposes, having declared tariff of a unit of accommodation below one thousand rupees per day or equivalent. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n timately. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" gst on house rent Query (Issue) Started By: – jayesh thacker Dated:- 24-7-2017 Last Reply Date:- 28-9-2017 Goods and Services Tax – GSTGot 11 RepliesGSTour company provide house to some employee and pay rent monthly by company total 4 house rent amount is 35000\/- in this case gst is applicable or not Reply By HimansuSekhar … Continue reading “gst on house rent”<\/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-6416","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6416","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=6416"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6416\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nNil
\nNil
\nBasically there is serial no. 12 as below :-
\n12
\nHeading 9963 or
\nHeading 9972
\nServices by way of renting of residential dwelling for use as residence.
\nNil
\nNil
\nPlease correct me if i am wrong.
\nCA Gorav Goyal
\nReply By subramanian vijayakumar:
\nThe Reply:
\nYes it is for residential purpose no gst experts pl see that the company. Is providing facilities of accomadation for employees for this expenses he cannot. Avail itc am l correct experts pl
\nReply By KASTURI SETHI:
\nThe Reply:
\nDear Sir, You are absolutely right. Sh. Goyal CA is requested to read the language, &qu<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\nSerial No.14 is meant for commercial purpose only and exemption is conditional. Whether you call it house or guest house it makes no difference. These accommodations are attached to company and company or factory is commercial.
\nReply By Harshit Jain:
\nThe Reply:
\nAfter reading the provisions and anlysing the nature of transaction i feel it can be interpretated in two ways:
\n1) Company is paying rent for residential use of Staff\/Employee of its company, which (Rent) is part of its employment policy or is part of employment benefits or part of employee's Salary.
\nThen the said rent paid by the company is not liable to levy of GST .{As rent paid by company are indirectly recovered from employee}
\n2) Company is paying rent for r<\/p>\n
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