GST Registration to be taken by GPA Holder who Entered into Leasing of Commercial Building: AAR
- Blog|News|GST & Customs|
- < 1 minute
- By Taxmann
- |
- Last Updated on 20 May, 2023
Latest from Taxmann
Case Details: Authority for Advance Rulings, Karnataka Nagabhushana Narayana, In re - [2023] 150 taxmann.com 304 (AAR-KARNATAKA)
Judiciary and Counsel Details
-
- Dr M.P. Ravi Prasad & T. Kiran Reddy, Member
-
Rajesh Kumar T.K., CA (AR) for the Appellant.
Facts of the Case
The applicant was a non-resident Indian who owned an immovable property at Bangalore, India. He appointed his mother as General Power of Attorney (GPA) holder to manage property vide GPA registered on 22-5-2022 and property was given on lease rent. It filed an application for advance ruling to determine whether he would be required to register under GST.
AAR Held
The Authority for Advance Ruling noted that the applicant appointed his mother as GPA and mere possessing an immovable property does not require registration. The act of leasing of immovable property was taken up by his mother being GPA holder of said property and income from property, including rent would be received and retained by GPA holder.
Therefore, it was held that the GPA holder would be considered as supplier of service of leasing of building for commercial purposes and since GPA holder is a resident of Bengaluru, Karnataka, she would be liable to take registration under Section 22(1) of CGST Act.
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
