Taxability of tenancy rights under GST leads to levy on tenancy premium; residential tenancy exemptions apply. Transfer of tenancy rights against a tenancy premium is a taxable supply of services under Schedule II; stamp duty and registration do not exclude such transfers from GST. Granting tenancy rights in a residential dwelling for residential use is exempt under the State notification, while surrender of tenancy rights by an outgoing tenant for a portion of the premium is taxable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Taxability of tenancy rights under GST leads to levy on tenancy premium; residential tenancy exemptions apply.
Transfer of tenancy rights against a tenancy premium is a taxable supply of services under Schedule II; stamp duty and registration do not exclude such transfers from GST. Granting tenancy rights in a residential dwelling for residential use is exempt under the State notification, while surrender of tenancy rights by an outgoing tenant for a portion of the premium is taxable.
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