I am proprietor of my business. iam registered with GST. My legal name under GST is my individual name & Trade name is my firm (Business) name.
My question is:
I have one commerical property which i have given on leave & licence (rented) to the party.
The property is on my own name & not in the name of my business.
Whether i am liable to charge GST on rent to party ? At what Rate ? Under which SAC code?
If yes, then how to raise bill with GST ?
From my business invoices or to creat new on my legal ( individual ) name.
Experts please guide me.
CAclubindia
