Sl. Nos. 22(c) and 66 in the Table under Notification No.12/2017-Central Tax (Rate) dated June 28, 2017 (as amended) exempts GST on certain services to and by educational institutions. While the initial exemption entries were simple, insertion of provisos to Sl.No.66 ibid led to some difficulty in understanding by people who were not conversant with […]
The Hon’ble High Court of Gujarat observed[1] that an exemption entry should be liberally construed in accordance with the object sought to be achieved. That is, whether such provision is intended to grant incentive for promoting education or has some other beneficial reason behind it. The exemption notification should be given a literal meaning. Recourse […]
Service by way of renting of residential dwelling, for use as residence, is exempt from GST vide Entry 12 of Notification No.12/2017-Central Tax (Rate) dated June 28, 2017 (as amended). Where an owner leases out his property and the lessee sub-lets / sub-licences to students / workers for long-term hostel accommodation, can the property owner […]
Facts: The taxpayer provides the service of storage of agricultural produce. It has taken cold storage facility on lease / rent. Query/(ies): What is the GST implication on the outward supply of storage of agricultural produce? What is the GST implication on the inward supply of leasing / renting of cold storage facility? Observations / […]