GST applicability on commercial Rent
This query is : Open
22 September 2017
Is GST applicable on the commercial Rent received by an Individual? Is it compulsory for receipent to register under GST?
22 September 2017
1. The turn over is exceeding 20lakhs then Registration is required. If not no need...
2. No... Not compulsory. But, the recipient is registered and landlord is URD then RCM ll be applicable to RD....
23 September 2017
GST applicable on rent also.
But if your total receipts is less than Rs.2000000 then no need to get registered & pay tax on it......
23 September 2017
Also keep in mind that if a business is run in a residential premises , one has to pay GST one is RD in GST or under RCM.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- SEC 54 OF IT ACT
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Form 26QB for TDS on property
- Whether still royalty
- GST Annual Returns filing due date
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
