07 January 2020
Dear Sir, Our company's land in one state and that land we have given on lease. Started a restaurant at that land and we will get 15% share of the restaurant business of the month. Right now my question is what will be the rate of GST on this 15% share.
08 January 2020
As per me I have to charge 18% GST in bill of "revenue sharing", on rental income also GST is 18%. Revenue sharing is taxable under GST. HSN 999799. Please advise
CAclubindia
