GODOWN IS LEASE OUT TO COLLATERAL MANAGEMENT COMPANY (EX.STAR AGRI, EDGEWISE COAMPNY) FOR AGRICULTURAL PRODUCE STORAGE THAN GST IS LIABLE ON RENT RECEIVED OR EXEMPT FOR STORAGE OF AGRICULTURE PRODUCE. IF LIABLE FOR GST CAN WE OPT FOR COMPOSITION ( SERVICE) @6% AND FRANCHISEE AGREEMENT WITH COAMPANY IS VALID FOR EXEMPT THE RENT.

Reply—Leasing of immovable property in relation to agriculture produce is not exempted; hence attract 18% GST as applicable to SAC 997212.

Yes,  As per notification no. 02/2019(central tax rate) dated 07.03.2019, a service provider can opt for composition scheme for supplying goods or services or both upto an aggregate turnover of fifty lakh rupees. Rate of tax is 6% (3% CGST + 3% SGST) subject to few conditions stated in the notification. Taxpayer cannot collect tax from service recipient if opted for composition scheme.