10 July 2017
is there GST applicable on House hold for the purpose of office usage??
when GST applicable on rental income? threshold limit?
please share with us..
10 July 2017
GST will be applicable on rental income also, Exemption limit is Rs. 20 Lacs, if you use your house for business purpose and charge rent for same the it will be liable for GST if amount exceed Rs. 20 Lac,
and if business is registered under GST then business firm will pay GST under reverse charge, without considering any limit