Rent on gst on self ownership commercial property
This query is : Resolved
27 November 2024
Sir.
I plan to take gst registered.
We ( ownership me and mother, brother)have small commercial building 100SQ.
No rent need not pay . It is family business.
Let's know if any impact on new gst rule on rent on GST.
With regards.
Binu
I plan to take gst registered.
We ( ownership me and mother, brother)have small commercial building 100SQ.
No rent need not pay . It is family business.
Let's know if any impact on new gst rule on rent on GST.
With regards.
Binu
27 November 2024
If you are not paying any rent being family property, no problem envisaged. Take No objection from co-owners to run your business in the joint property.
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