24 October 2017
When a property is given out on lease, rent, easement, or licensed to occupy When any property is leased out (or let out) including a commercial, industrial, or residential property for business (either partly or wholly)These type of renting are considered as a supply of services. lease or renting out of immovable property for business would attract GST at 18%, as it would be treated as a supply of service.threshold limit for applicability of GSTs.20 lakh,If you have already Comes under GST purview question of GST treshhold limit not arise