https://www.taxtmi.com/caselaws?id=755137 Tamil Nadu AAR ruled that upward price revision in rental agreements constitutes supply under GST Act. The applicant's collection of increased rents totaling Rs. 1,60,42,203 for period 01.09.2005 to 31.08.2022 under price escalation clause was held liable to GST under CGST/TNGST Acts, 2017. The authority determined that supplementary invoices for rent revision must be issued within 30 days of revision and entire differential amount attracts GST liability as it constitutes supply of immovable property services. en-us Tue, 25 Jun 2024 00:00:00 +0530 Tue, 06 May 2025 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755137 Tamil Nadu AAR ruled that upward price revision in rental agreements constitutes supply under GST Act. The applicant's collection of increased rents totaling Rs. 1,60,42,203 for period 01.09.2005 to 31.08.2022 under price escalation clause was held liable to GST under CGST/TNGST Acts, 2017. The authority determined that supplementary invoices for rent revision must be issued within 30 days of revision and entire differential amount attracts GST liability as it constitutes supply of immovable property services. Case-Laws GST Tue, 25 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755137