https://www.taxtmi.com/caselaws?id=423352 Maharashtra AAR held that monthly license fees received for letting out residential property to LIC for staff accommodation are exempt from GST under Serial No. 12 of Notification No.12/2017-CT(Rate). The Authority ruled that exemption depends on property usage rather than recipient status. Since the residential building would be used for residential purposes by LIC staff, it qualifies for GST exemption. The ruling emphasized that GST applicability is determined by end use purpose, not property nature or recipient identity, following precedent from West Bengal AAR. en-us Tue, 31 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423352 Maharashtra AAR held that monthly license fees received for letting out residential property to LIC for staff accommodation are exempt from GST under Serial No. 12 of Notification No.12/2017-CT(Rate). The Authority ruled that exemption depends on property usage rather than recipient status. Since the residential building would be used for residential purposes by LIC staff, it qualifies for GST exemption. The ruling emphasized that GST applicability is determined by end use purpose, not property nature or recipient identity, following precedent from West Bengal AAR. Case-Laws GST Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423352