Question ID : 39239

GST ON TRANSFER FEE BY MUNICIPALITY

A Municipality has given some premises on lease. Now with retrospective date they are revising the transfer fee and amount alongwith interest become receivable by government and payable by lessee. When will GST liability arise and it yes does it fall under reverse charge?

posted by DARSHAK MAGANLAL THAKKAR on Jun 24 2019 12:00AM