https://www.taxtmi.com/article/detailed?id=13643 GST on rent of immovable property covers a low-value accommodation exemption regularised retrospectively on an as-is-where-is basis, an exemption for long-term leases where consideration is fixed even if paid in instalments, and valuation/deemed-supply rules that capture nil or below-market rent, including related-party supplies treated as taxable without consideration. Payments made by companies on behalf of directors attract reverse-charge treatment and input tax credit is blocked, requiring cash payment of GST under the current law. en-us Tue, 25 Feb 2025 08:58:05 +0530 Tue, 25 Feb 2025 08:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13643 GST on rent of immovable property covers a low-value accommodation exemption regularised retrospectively on an as-is-where-is basis, an exemption for long-term leases where consideration is fixed even if paid in instalments, and valuation/deemed-supply rules that capture nil or below-market rent, including related-party supplies treated as taxable without consideration. Payments made by companies on behalf of directors attract reverse-charge treatment and input tax credit is blocked, requiring cash payment of GST under the current law. Articles Goods and Services Tax - GST Tue, 25 Feb 2025 08:58:05 +0530 https://www.taxtmi.com/article/detailed?id=13643