VAT Treatment for leased apartments to employees

We are providing residential apartments to our employees on lease for which lease rent is recovered from their salary only. What should be the approprate VAT treatment in this case? Thank You!


SAJITH NAIR13/05/2020 17:32:11

This would be an exempt supply for the company since they are recovering rent for the supply of residential accommodation. Consequently any related expenses to this supply of residential accommodation will be blocked from input claim.

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