https://www.taxtmi.com/caselaws?id=415295 Lease of immovable property is treated as a taxable supply of service under GST, and a one-time premium does not change that character. The exemption for renting of a residential dwelling was held to be narrowly construed and confined to a residential building let out as a dwelling; it did not extend to residential land taken on lease for construction or use. GST is therefore leviable on the lease premium for residential land, and the same exemption was unavailable for the associated lease rent and maintenance charges. en-us Fri, 06 Aug 2021 00:00:00 +0530 Sat, 29 Mar 2025 13:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415295 Lease of immovable property is treated as a taxable supply of service under GST, and a one-time premium does not change that character. The exemption for renting of a residential dwelling was held to be narrowly construed and confined to a residential building let out as a dwelling; it did not extend to residential land taken on lease for construction or use. GST is therefore leviable on the lease premium for residential land, and the same exemption was unavailable for the associated lease rent and maintenance charges. Case-Laws GST Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415295