Registrations of gst in case of partner remuneration

Registration 458 views 1 replies

Whether registration required to be made under GST if a persone have Partner Remuneration of Rs. 25.00 Lacs and Rent Income of  Rs. 3.00 lacs?

If Yes, then that person required to charged GST on Rent? 

 

Replies (1)
Partner Remuneration is not liable to GST. Further since only in rent ,GST is chargeable that too if it exceeds 20 lac during financial year .
In your case no limit is crossed ,no liability to charge GST


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