GST applicable on compensation received by tenant for alternate accommodation, rules AAR

THE GOODS and Services Tax (GST) is applicable on the compensation for alternate accommodation to be paid to the tenant by a developer, in case of redevelopment projects, according to a ruling of the Maharashtra Authority for Advance Ruling (AAR). In an order passed on May 22, the AAR said the GST was applicable on the compensation or rent that developers paid tenants for an alternative accommodat…