Circular 44/18/2018 - Central Tax
Date: May 2, 2018
File No: F. No. 341/28/2017-TRU
Subject
Issue related to taxability of ‘tenancy rights’ under GST
Content
Doubts have been raised as to,- (i) Whether transfer of tenancy rights to an incoming tenant, consideration for which is in form of tenancy premium, shall attract GST when stamp duty and registration charges is levied on the said premium, if yes what would be the applicable rate? (ii) Further, in case of transfer of tenancy rights, a part of the consideration for such transfer accrues to the outgo…