HSN code for rent
Tejas Gandhi (143 Points)
10 April 2019as well commercial property
Tejas Gandhi (143 Points)
10 April 2019
Deepak Gupta
(CA Student)
(15922 Points)
Replied 10 April 2019
997319 Leasing or rental services concerning other machinery and equipment with or without operator
This service code includes:
leasing, renting or hiring services concerning all kinds of machinery, whether or not electrical, except personal or household goods, generally used as capital goods by industry
SAC 997212 Rental or leasing services involving own or leased non-residential property
This service code includes:
rental or leasing services concerning industrial, commercial or other non-residential buildings or property by owners or leaseholders, such as factories, office buildings, warehouses, theatres, convention centres, exhibition halls and multiple-use buildings that are primarily non- residential; agricultural, forestry and similar properties. Rental or leasing of caravan sites, lock-up garages or other places for parking vehicles, by the month or year.
Deepak Gupta
(CA Student)
(15922 Points)
Replied 10 April 2019
For more information...
https://www.cbic.gov.in/resources//htdocs-cbec/gst/explanatory_notes_updated.pdf
Puneet Taneja
(Finance Professional)
(1149 Points)
Replied 08 September 2020
SAC CODE | Descripttion |
9972: | Real estate services |
99721: | Real estate services involving owned or leased property |
997212: | Rental or leasing services involving own or leased non-residential property |
This service code includes:
shahyar husain
(1240 Points)
Replied 05 November 2020
Originally posted by : Deepak Gupta | ||
997319 Leasing or rental services concerning other machinery and equipment with or without operator This service code includes: leasing, renting or hiring services concerning all kinds of machinery, whether or not electrical, except personal or household goods, generally used as capital goods by industry SAC 997212 Rental or leasing services involving own or leased non-residential property This service code includes: rental or leasing services concerning industrial, commercial or other non-residential buildings or property by owners or leaseholders, such as factories, office buildings, warehouses, theatres, convention centres, exhibition halls and multiple-use buildings that are primarily non- residential; agricultural, forestry and similar properties. Rental or leasing of caravan sites, lock-up garages or other places for parking vehicles, by the month or year. |
Sir, if a textile factory XYZ has air conditioners, will they be considered as fixed assets to the owner(s) of the factory?
M Venkat
(CA finalist)
(456 Points)
Replied 08 January 2021
Originally posted by : shahyar husain | ||
Originally posted by : Deepak Gupta 997319 Leasing or rental services concerning other machinery and equipment with or without operator This service code includes: leasing, renting or hiring services concerning all kinds of machinery, whether or not electrical, except personal or household goods, generally used as capital goods by industry SAC 997212 Rental or leasing services involving own or leased non-residential property This service code includes: rental or leasing services concerning industrial, commercial or other non-residential buildings or property by owners or leaseholders, such as factories, office buildings, warehouses, theatres, convention centres, exhibition halls and multiple-use buildings that are primarily non- residential; agricultural, forestry and similar properties. Rental or leasing of caravan sites, lock-up garages or other places for parking vehicles, by the month or year. Sir, if a textile factory XYZ has air conditioners, will they be considered as fixed assets to the owner(s) of the factory? |
Yes