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Rent received by warehouse for storing Agricultural Produce Exempt from GST

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Rent received by warehouse for storing Agricultural Produce Exempt from GST

Lease obtained by warehouse for storing Agricultural Produce Exempt from GST

The Authority of Advance Ruling (AAR Tamilnadu) within the matter of Shri R.Gopalsamy has dominated out that Lease recived by warehouse for storing Agricultural Produce Exempt from GST.

The Query and Ruling are as follows:

1. Whether or not the Rental Revenue to be obtained by the Applicant from Renting Warehouse to retailer Agricultural Produce is a consideration for provide and the exercise is roofed below the which means of provide of providers in Lerms of Part 7 of the Central Items and Providers Tax Act, 2017?

2. If the above exercise is taken into account as provide of service, then whether or not the identical 1S classifiable as “loading, unloading packing, storage or warehousing of agricultural produce, with ‘NlL’ GST Fee below SL No. 54(e) of SAC 9985 of the Notification- 11/2017- C.T. (Fee) dated twenty eighth June 2017?

3. GST Fee and SAC Code relevant (if reply to level no.2 above is “No”)

RULING

1. Rental Revenue obtained by the applicant from Renting Warehouse to retailer Agricultural Produce is a consideration for provide and the exercise is roofed below the which means of provide of providers by way of Part 7 of the Central Items and Providers Tax Act, 2017.

2. Renting Warehouse to retailer Agricultural Produce is taken into account as provide of service, and the identical will not be classifiable as “loading, unloading packing, storage or warehousing of agricultural produce, with ‘Nil’ GST Fee below SL No. 54(e) of SAC 9985 of the Notification-11/2017 – C. T. (Fee) dated twenty eighth June 201 7.

3. Renting Warehouse to retailer Agricultural Produce coated below the entry ‘Rental or leasing providers involving personal or leased non-residential property’ classifiable below SAC 997212 and it attracts GST @ 18% vide entry SL No.16 (iii) of Notification No.11/2017 C.T (Fee) dated 28.06.2017.

For Official Ruling Obtain PDF Given Under:

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