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my trust is registered in 12A. Trust has some shop which derived rental income. rental income is more than 20 lakh. whether GST is applicable or not.
Replies (4)
Sir if it's commercial rental income is more 20L registeraton is required even npo
Yes you must collect and pay tax
Yes , the GST attracts.
In this sum, some amount is recd as security Which is refundable.if we exclude this security value then rental income is less than 20 lakh.then GST registration is required or not
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