GST to be levied if rent or maintenance fee includes electricity charges

Business Today

Electricity charges if bundled with rent or maintenance fee by real estate companies, malls or airports will be deemed to be a composite supply and attract goods and services tax (GST) at the rate of 18%. However, in case electricity is supplied by the real estate owners, residents’ welfare associations or real estate developers, as a “pure agent” when the charge is on actual cha…

Sign in to read the full article

Create a free account or sign in to access the complete content.