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GST Reg Liability

Vinay Jaindani (184 Points)

10 May 2023

Is GST registration mandatory for turn over above 20 lakhs or 40 lakhs from Rental Income ?

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4 Replies

raju acnts (7 Points)
Replied 10 May 2023

Gst limits depending upon on the state which your are transacting, some states 10 lakhs limit,some states 20 lakhs and few states like andhra pradesh having the limits for services 20 lakhs and exclusive supply of goods limit is 40 lakhs

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sabyasachi mukherjee (27117 Points)
Replied 11 May 2023

If you are providing rentals for the purpose of business it mandatory.

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 12 May 2023

As per Section 22 of CGST Act it's 20 lac threshold limit for supply of services & in term of Schdule 2 , Para 5 , Renting of Immovable property cover under supply of services.