The Karnataka AAR has ruled that renting residential dwelling units on a monthly rental basis attracts Goods and Services Tax at 12% Rate.
The Karnataka Authority for Advance Ruling (AAR) has determined that a 12% Goods and Services Tax (GST) is applicable to the rental of residential dwelling units on a monthly basis. In seeking an advance ruling, the applicant, Deeksha Sanjay posed questions regarding the exemption status under entry No. 12 of Notification No. 12/2017-Central Tax (Rate)…
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