Property on Rent to Post Office
Lakhbir sauja (43 Points)
11 April 2021
A Religious Trust registered with GSTN, gives property on Rent to Post office, whether Gst is applicable?
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 11 April 2021
When you rent out a residential property for residential purposes, it is exempt from GST. Any other type of lease or renting out of immovable property for business would attract GST at 18%, as it would be treated as a supply of service.
Ankit Neema
(2742 Points)
Replied 11 April 2021
Https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.cbic.gov.in/htdocs-cbec/gst/gst-charitable-religious-trusts.pdf&ved=2ahUKEwitl5y4y_bvAhXwzzgGHag4AQwQFjABegQIAxAG&usg=AOvVaw0KEwC8uJVZ1-RIRQynAgst
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