TMI BlogITC availabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... Suppose an employer of a company provides residential facility to it employees under a contractual obligation... now for this the employer takes a house property on rent from URD. Question arises whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther the transaction between the company the URD is liable to RCM...?? If yes , will the benefit of ITC be available to company.....???? - Reply By KASTURI SETHI - The Reply = Renting of residenti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al house is exempted from GST. Hence no question of RCM and ITC. - Reply By Ganeshan Kalyani - The Reply = Renting of house for residential purpose is exempt from GST. Hence the company taking hous ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e property from URD is not liable to GST. - Reply By Himansu Sekhar - The Reply = Gst is not applicable on renting of residential houses - Reply By Himansu Sekhar - The Reply = Moreover transacti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons between employer and employee is not liable for tax. - Reply By RAMESH PRAJAPATI - The Reply = Agree with view of experts. Since it is exempted supply, will not attract tax under RCM. - ITC ava ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilability - Query Started By: - Chandni Tolani Dated:- 20-8-2017 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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