Sourabh Katiyar (-) (111 Points)
11 May 2022Respected Members,
One of my Client is registered under the GST in the Name of XYZ Infrastructures(propreitorship). He used to provide Construction services. But now he dont have any transaction in XYZ.. but he is getting rental income from Residential Property in his Saving Account.
So I just want to ask whether we are required to show this Renting Transaction in the GST returns.
As there is No transaction in the Current account.
Thanks.
sabyasachi mukherjee
(27574 Points)
Replied 11 May 2022
Sourabh Katiyar
(-)
(111 Points)
Replied 11 May 2022
NO sir... his property is at Mumbai.... and client is from delhi... Registered under DELHI GST
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 11 May 2022
There is no GST in case of renting from immovable property.
In my opinion, since the property is located in a different state and he is registered in a different state. No need to mention the exempted supplies in GSTR 1. He can file nil return.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 11 May 2022
CAclubindia
