5 Lakh Rent recd in Advance in April by the Proprietor dealing only in EXEMPT goods turnover more than say 10 cr. ???
Case 1. I made a single invoice for the whole year in April Iteself. Will GST be applicable on me. At present Service tax is not applicable. I have no other taxable service.
Case 2. If GST is applicable in case 1 then if this rent is received only April to June period and I stop renting of my premises from 1st July. Will GST be still applicable later. I am dealing only in TAX FREE goods.
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