https://www.taxtmi.com/article/detailed?id=9126 GST classification of renting, leasing and licensing depends on the asset type, the recipient's possession and control, provision of operator or ancillary services, and the purpose of use. Residential lettings for bona fide residence are exempt, agro land and agro machinery for cultivation are exempt, while leasing of goods without operator follows tax on like goods; transport with operator and IP licensing are taxed according to the service character and applicable Service Accounting Codes. en-us Tue, 28 Apr 2020 06:19:08 +0530 Tue, 28 Apr 2020 06:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9126 GST classification of renting, leasing and licensing depends on the asset type, the recipient's possession and control, provision of operator or ancillary services, and the purpose of use. Residential lettings for bona fide residence are exempt, agro land and agro machinery for cultivation are exempt, while leasing of goods without operator follows tax on like goods; transport with operator and IP licensing are taxed according to the service character and applicable Service Accounting Codes. Articles Goods and Services Tax - GST Tue, 28 Apr 2020 06:19:08 +0530 https://www.taxtmi.com/article/detailed?id=9126