A couple of weeks has been given to the Punjab and Haryana High Court Bar Association by the UT excise and taxation department for the submission of details of the revenue that the bar generates from its business establishments including the shops and paid-parking being operated by it.
Parking-lot services and rental income attracts a GST of 18%. So, the revenue generated by the bar will be assessed along with the assessment of tax imposition on it.
Besides, it will be assured that the bar association has a GST Number
Get to know the complete GST registration procedure online on the Indian government GST portal official website. We have explained by the actual screenshot of every step in case of receipts above ₹20 lakh. Moreover, the contractor levying the parking fee will have to take the prescribed GST from users and pay it to competent officials.
