In the 47^th GST Council meeting, it was proposed to withdraw exemption on services by way of renting of a residential dwelling to a registered person. The Government notified this recommendation and withdrew exemption on such services provided to registered persons and covered them under RCM.

These amendments will have a far-reaching impact on many taxpayers taking residential dwelling on rent for expatriates, directors or employees. Multiple ambiguities relating to RCM and ITC also exist in these amendments. Through this Article, our Partner, Mr. Dharnendra Kumar Rana, Managing Associate Ms. Akanksha Gupta and Executive Mr. Devansh Singhal have analysed the repercussions of this amendment.

Please click on the below link to read our article titled ‘Residential Dwelling – Taxability under GST’:

NITYA I Article 98-Residential Dwelling – Taxability under GST pdf