hello all,
ex: A is the landlord and B takes A's land for running a restaurant business after incurring some expenses on development. Now both A & B entered into revenue sharing agreement of 30:70. In this case, will the gst be applicable in 30% revenue share of landlord.
please suggest an answer.
thank you
Impact of gst on revenue sharing agreement
S.Reddy (CA by Qualification) (42 Points)
09 September 2021