Solved Queries

Ques 853: Company take apartment for director on rent from unregistered person in GST
Whether GST liability arise If property is residential but used for corporate office purpose then any difference?

Ans: yes it will be taxable under RCM

Ques 852: Taxability of hostel services by pvt Engg & Medical Colleges for the rendering of hostel services with composite supply and individual services charging separately for food, laundary , accommodation, security & Internet services. after the litigation created by AAR

Ans: All services provided by educational institutions to students are exempt from GST. They will form part of the composite supply.

Ques 851: “A company, registered as real estate company wants to write off of advance received against property sale. The advance was received before GST regime. Please suggest any GST implication on this transaction.

Ans: No liability at the time of write off. Tax was applicable at the time of receipt of advance.

Caution: The above opinion is framed based on the limited information available and merely a personal opinion. We will not be responsible for any damage or loss in whatever manner consequent to any action taken on the basis of any content of this opinion. We suggest you take a detailed opinion for better clarity based on extensive information and research thereof.

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