Renting of immovable property

This query is : Resolved

rajeev (Querist)
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04 July 2017
Sir,
We are getting rent under renting of immovable property 14,00,000-00 per month ,please tell us
. What is GST rate
. How to pay GST
. How to file return
. Date of return
. Return Quarterly or Monthly
. Form no. of return
. Due date of payment tax
Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 July 2017 1 GST rate is 18% for commercial property
2 .Pay through GST portal.
3 File return through GST portal
.4 GSTR 1 Details of outward supplies of taxable goods and/or services effected Registered Taxable Supplier 10th of the next month
GSTR-2 Details of inward supplies of taxable goods and/or services effected claiming input tax credit. Registered Taxable Recipient 15th of the next month
GSTR-3 Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax. Registered Taxable Person 20th of the next month
5 Return has to be filed monthly and tax paid before 20th of the next month.