30 November 2017
My firm is making mainly two activity one for trading activity and other let out property for commercial purpose . for trading activity my firm taken GST registration but for rental income is monthly Rs. 30000/- per month so my firm not obtain GST Registration and also not charged GST on rental income . whether i have to charge GST on Rental income even if rental income is below rs. 20 lacs .
30 November 2017
No separate GST registration is required for rental income include a in existing registrations. GST applicable on rental income as combined turnover exceeding 20 lacs.