Question 31:
Is GST applicable on farm house (owned in individual, already having GSTIN also
for fabric sale business) given on rent for some event? It is proposed to be
given on rent to a foreigners delegation against fee.
Answer:
The term supply used in GST has a very wide scope it includes almost every
activity of sourcing revenue. It covers Government Trust and NGO also. The
transactions of all types are covered There are two exception only first is
Schedule iii to the CGST Act which gives detail of transaction not considered as
supply Your item is not covered under this. Second is exemption given to the
goods and services These exemption are mostly given in Notification no 2 for
goods and in notification no 12 given for services. We could not find exemption
for your item so The same is taxable. Please do not be confused with export of
service it is not export of service because the place of supply is in India.
(Reply dt.13/01/2018)