sir,
what is the Percentage of get to be charged for residential rental income? and what is the threshold above which we should start charging the tenants?
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GST SLAB FOR RESIDENTIAL RENTAL
Replies (5)
No GST over residential rental income....
even if it exceeds 20 lakhs?
Whatever be turnover........ the rates of any goods/service supply remains fixed. 20 lakhs crieteria is for registration for intrastate supply. If any dealer only deals with non taxable intrastate supplies, s/he is not liable to get even registered. (unless RCM applicable)
my question is with regards to resedential rental income of more than 20 lakhs per annum.
Residential income more than 20 lakhs is taxable in income tax........ but the service is taxfree under GST.....
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