Question
Is there any notification regarding deferment of applicability of GST on rent of a commercial property.
Answer
There is no Notification in GST for defferment of
GST on rent of commercial property.
The point of taxation is determined as per section 13 of CGST i.e.
The time of supply of services shall be the earliest of the following dates,
namely:'
(a) the date of issue of invoice by the supplier, if the invoice is issued
within the period prescribed under sub-section (2) of section 31 (i.e. within 30
days of supply of service) or the date of receipt of payment, whichever is
earlier; or
(b) the date of provision of service, if the invoice is not issued within the
period prescribed under sub-section (2) of section 31 or the date of receipt of
payment, whichever is earlier; or (Reply dt.11/10/2018)