GST on Rant
Anuj Sharma (79 Points)
07 February 2018
what is rate of rent and what is the limite of it
1 Replies
ashishrathi
(Student CA Final )
(44 Points)
Replied 07 February 2018
A taxpayer earning more than the exempted threshold will have to register under GST and pay taxes.
So, if you have given your unit to businesses, then it is taxable if you are getting more than Rs 20 lakh as rent.
GST will be applicable at 18% on the taxable value
So, if you have given your unit to businesses, then it is taxable if you are getting more than Rs 20 lakh as rent.
GST will be applicable at 18% on the taxable value
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