I am a trader(proprietorship), registered under GST as a normal tax payer having t/o > Rs.75L.
Also, I get rental income of Rs.2.4L.
Do I need to charge GST on rent or not as rent is not more than Rs.20L?
Menu
GST on Rent
Replies (4)
You are registered under GST... Rent from Commercial property....?!
After registration your rental income is under GST. You must collect GST from the Rental income... Rate @ 18%
Thank you.
You are welcome
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
