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Intra state or inter state supply

Samir (Account Head) (207 Points)

20 July 2017

Dear All

A person has property in Harayan . He has given to Axis Bank on rent. The person is registered in Delhi. Whether this will be intra state supply or Interstate Supply.

Thanks

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2 Replies

Kunal Pansari (Accountant) (1037 Points)
Replied 20 July 2017

As the owner is in Delhi and the property is rented in Haryana, it would be an Inter State Supply

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Karan Bohra (29 Points)
Replied 20 July 2017

As per section 22 every person is liable to take registration from where he makes taxable supply if the PAN india turnover exceeds 20 lakhs. In case of renting of immovable property, place of supply is of the location where the property is located hence, in our case if turnover exceeds 20 lakhs then we have to take registration and discharge cgst and sgst.

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