If commercial rent is more than 20 lakhs then GST needs to pay.
But if commercial rent is less than 20 lakhs but commercial + residential rents of a person is more than 20 lakh, then does GST needs to be paid ?
For example:
- Commercial rent per year = 12 lakhs ( Landlord not registered with GST )
- Residential rent per year = 8.5 lakhs ( rented for residential purposes, both landlord and tenant who is an individual not registered with GST )
- Total rent = 20.5 lakhs
Question:
- In such a scenario, is GST to be paid ? If Yes then on how much amount is the GST to be paid?