GST ON RENT RECEVIED BY A LOCAL AUTHORITY
This query is : Resolved
01 September 2020
Sir,
Whether a local body i.e, Town panchayat is liable to pay GST on rent on immovable property.
If yes, whether the local body is eligible to claim exemption of threshold limit
Whether a local body i.e, Town panchayat is liable to pay GST on rent on immovable property.
If yes, whether the local body is eligible to claim exemption of threshold limit
01 September 2020
Yes, local body is required to pay GST on renting of immovable property and also threshold limit would apply.
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