GST on renting Residential Property

[Rajendra Prasad]

Sir, ABC Pvt. Ltd. has leased out it's residential quarters to XYZ firm. XYZ firm is using those residential quarters for residential status of their staff. Is GST leviable on residential rent received from Commercial Concern. Please clarify.

AI Summary

Clarification on GST applicability for rent from commercial entities using residential dwellings under Notification 12/2017 CT (Rate). ABC Pvt. Ltd. leased its residential quarters to XYZ firm, which uses them for staff accommodation. The query seeks clarification on whether GST applies to rent received from a commercial entity for residential use. The response refers to Notification 12/2017 CT (Rate), indicating that services involving the renting of residential dwellings for residential purposes are taxed at a rate of nil, with no conditions attached.