GST on service of renting of residential dwelling w.e.f. 18-07-2022 Read more at: https://taxguru.in/goods-and-service-tax/gst-service-renting-residential-dwelling-w-e-f-18-0

[Bharat Cholleti]

Dear sir,

As per NNo.5/2022 CTR, A new service has been added 5AA in NNo.13/2017 ' service by way of renting of residential dwelling to a registered person'. my under standing is if a registered person receive the service of residential portion or house on rent is liable to pay tax@18% under Reverse charge. Is it correct. As a department how do they know these persons have taken residence ? As a registered person I have taken a shop which is a residential property and running the shop/offices do they liable to pay GST@18% from 18-7-2022. kindly clarify. Thx in advance.

AI Summary

Debate on GST Reverse Charge Mechanism for Residential Rentals to Registered Persons Post-July 18, 2022 Amendments. The discussion centers on the Goods and Services Tax (GST) implications for renting residential dwellings to registered persons, effective from July 18, 2022. Participants debate whether GST is applicable under the Reverse Charge Mechanism (RCM) when a registered person rents a residential property, regardless of its use for residential or commercial purposes. Various interpretations are presented regarding the applicability of GST based on the service provider's registration status and the property's use. The discussion also touches on the necessity of registration for GST when properties are rented across different states and the implications of recent amendments and notifications on these transactions.