Gst on rent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2018 A landlord who owns land which was let out for rent and the same is used for commercial purpose and for that he got Rs.14000 per month as shop rent from the tenant.

Further that landlord run a bakery business in which a total turnover of Rs.75,00,000 per year.

In that situation , Is he is liable to pay GST on rent received from the tenant?

Please give your valuable reply in this subject is highly appreciated.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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05 May 2018 Yes GST Applicable if you let out property for commercial purposes threshold limit is not criteria once he have business above covered GST Than all services GST applicable , Landlord can collect GST From Tenant and discharge the same.