we have the rooms rent bellow Rs.1000 were to show (in gstr1 and 3B) exempted or nil rated?
3 Replies
Asiya Begum
(Chartered Accountant)
(687 Points)
Replied 07 May 2019
It is an exempt supply as per Entry No. 14 of Notification No. 12/2017 - CT(Rate). Hence, it should be shown as an exempt supply and not as NIL rated.
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