Taxable value for gst on renting of immovable property

As per Notification 3/2018 CT (R)

Services supplied by the Central Government, State
Government, Union territory or local authority by way of
renting of immovable property to a person registered
under the Central Goods and Services Tax Act is cover under the RCM
Hence the registered person availing such services is liable deposit gst by doing RCM

Thanks for your concern. We are following the same. However, majority of our beneficiaries not have GST number and hence, we need to collect and pay. Hope I'm clear. Still value for the purpose of charge of GST is to be a question.

Once taxability comes under RCM there is no need to collect tax from receipent whether he is registered person or unregistered person.

Yes you are coreect if You are supplying same to URD , No GST is Leviable .

Notification issued for Renting of immovable property by local authority to be covered under RCM specifically mentions only registered person. Hence, we need to collect and deposit.

RCM complience is for receipent of the supply.when your are a local authority and providing service to another person so you are supplier.as a supplier you are not liable to collect GST.

Whether we need to collect and deposit or receiver need to deposit directly to government is altogether another question. For any supply I need to issue tax invoice with / without GST. For that purpose, what would be the value?