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Renting of Immovable Property-Detailed Discussion

Renting means allowing, permitting or granting access any property with or without the transfer of the possession of control. From the GST prospective the Renting of immovable properties can be divided in two parts, one is renting of commercial property and other is renting of residential property. The renting of immovable property is a very crucial matter for discussion as from time to time many amendments are came under GST ......Read More

House or Hurdle? Decoding GST ITC on Employer-Hired Flats

The debate over input tax credit (ITC) on residential premises rented by a company to house its employees or consultants is heating up in the GST arena. With corporates increasingly offering accommodation to attract talent, the question arises: Can GST paid on such rentals be claimed as ITC, or is it barred as a personal consumption expense under Section 17(5)(g) of the CGST Act, 2017? ...... Read More