GST applicable on rent received for storage of wheat

[KARAN VERMA]

Sir, whether GST applicable on rent received for storage of wheat and storage of husk for boiler.

AI Summary

Debate on GST Applicability: Wheat Storage Exempt, Husk Taxable Due to By-Product Status, Experts Disagree on Definitions. A discussion on the applicability of GST on rent for storing wheat and husk revealed differing views. One participant cited a notification stating that services related to the storage of agricultural produce, like wheat, are taxed at a 'Nil' rate, implying no GST is applicable. Another participant agreed on wheat but argued that husk, being a by-product of processed grain, loses its agricultural identity and is thus taxable under GST. The discussion highlights the nuances in GST application based on the classification of goods as agricultural produce or by-products.