Services by way of renting of residential dwelling for use as residence.

[S.C. WADHWA]

Services by way of renting of residential dwelling for use as residence.

Please clarify:

Whether this service should be reported as exempted supply or nil rated supply in GSTR 3B
 

AI Summary

Clarification on GST Reporting: Renting Residential Dwellings is an Exempted Supply, Not Nil-Rated Under Notification No. 12/2017-Central Tax (Rate). A query was raised about whether renting residential dwellings for use as a residence should be reported as an exempted or nil-rated supply in GSTR 3B under GST. One participant suggested it should be treated as a nil-rated supply, while another clarified that renting for residential purposes is an exempted supply, not nil-rated, as nil-rated supplies are typically goods unconditionally charged at a nil rate. A reference to Notification No. 12/2017-Central Tax (Rate) was made, indicating such services are nil-rated. Further discussion emphasized the distinction between exempted and nil-rated supplies under the CGST Act, 2017.