TaxTMI 
TaxTMI 
There is a Pvt Company which has rented out its land and school building to a trust for running a CBSE school ( Private ) .While raising an invoice monthly, whether GST should be added?
Taxability Issue under GST
27 Jul 2019 
4 Replies 
1560 Views Asked by
GST on lease of land and building: supply of services, exemption only if charitable activity meets GST conditions.
The lease or letting out of land and buildings is treated as a supply of services under Schedule II, so GST is generally chargeable on monthly invoices. Exemption is possible only if the trust both holds appropriate income tax registration for charitable purposes and the activity qualifies as a charitable activity under GST; income tax certification alone is insufficient. (AI Summary)
The lease or letting out of land and buildings is treated as a supply of services under Schedule II, so GST is generally chargeable on monthly invoices. Exemption is possible only if the trust both holds appropriate income tax registration for charitable purposes and the activity qualifies as a charitable activity under GST; income tax certification alone is insufficient. (AI Summary)