Independent manufacturing undertaking eligibility preserves Section 80IA/80IB deductions, while machinery kept ready for use qualifies for depreciatio...
Assessing Officer Satisfaction Requirement Bars Penalty for Cash Receipt in Immovable-Property Sale Cases Where Initiation Lacks Recorded Satisfaction...
Self-assessed import entries remain appealable, while bona fide classification disputes without misdeclaration cannot justify confiscation or penaltie...
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AAR held that renting of residential dwellings by unregistered landlords to the applicant, a registered entity, constitutes a taxable supply of services to the applicant under GST. The employer-employee relationship applies only between the applicant and its employees, not between the landlords and the applicant; therefore, the exemption for residential dwelling services is inapplicable. Consequently, GST is payable by the applicant under the Reverse Charge Mechanism on rent paid to unregistered landlords. Further, AAR held that, in view of s.17(2) read with s.2(47), the applicant is not eligible to claim ITC on GST paid under reverse charge, as the corresponding outward supply to employees is an exempt supply.
AAR held that renting of residential dwellings by unregistered landlords to the applicant, a registered entity, constitutes a taxable supply of services to the applicant under GST. The employer-employee relationship applies only between the applicant and its employees, not between the landlords and the applicant; therefore, the exemption for residential dwelling services is inapplicable. Consequently, GST is payable by the applicant under the Reverse Charge Mechanism on rent paid to unregistered landlords. Further, AAR held that, in view of s.17(2) read with s.2(47), the applicant is not eligible to claim ITC on GST paid under reverse charge, as the corresponding outward supply to employees is an exempt supply.
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