Applicability of GST On renting of open land
raghavendra chunduru (40 Points)
06 September 2017
Applicability of GST On renting of open land for parking purpose. ...pls guide
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178293 Points)
Replied 06 September 2017
The service is taxable under GST......
KONDAL
(own business)
(117 Points)
Replied 06 September 2017
Rental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes would attract the levy. GST @ 18%
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