TaxTMI 
TaxTMI 
ITC availability
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....TC availability<br> Query (Issue) Started By: - Chandni Tolani Dated:- 20-8-2017 Last Reply Date:- 21-8-2017 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>Suppose an employer of a company pr....
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....ovides residential facility to it employees under a contractual obligation... now for this the employer takes a house property on rent from URD. Question arises whether the transaction between the co....
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....mpany & the URD is liable to RCM...?? If yes , will the benefit of ITC be available to company.....???? Reply By KASTURI SETHI: The Reply: Renting of residential house is exempted from GST. Hence no....
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.... question of RCM and ITC. Reply By Ganeshan Kalyani: The Reply: Renting of house for residential purpose is exempt from GST. Hence the company taking house property from URD is not liable to GST. ....
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....Reply By Himansu Sekhar: The Reply: Gst is not applicable on renting of residential houses Reply By Himansu Sekhar: The Reply: Moreover transactions between employer and employee is not liable for ....
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....tax. Reply By RAMESH PRAJAPATI: The Reply: Agree with view of experts. Since it is exempted supply, will not attract tax under RCM.<br> Discussion Forum - Knowledge Sharing ....