Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
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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