Lease or Letting out of Building for Business or Commerce is a Supply and Attracts 18% GST: AAR [Read Order]

Business - Commerce - Supply - GST - AAR - taxscan

The Karnataka Authority for Advance Ruling (AAR), has held that lease or letting out of building for business or commerce is a supply and attracts 18% GST. The applicant, Karnataka Text Book Society is engaged in the business preparation, printing, and distribution of textbooks to all Government schools and aided schools. The applicant is receiving…

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