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Subletting of house property

ca praveen jain (partner) (107 Points)

02 December 2019

is there any gst liability in case of subletting of house property...?

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177227 Points)
Replied 03 December 2019

Yes, if rented/sublet for non-residential purpose...

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ca praveen jain (partner) (107 Points)
Replied 03 December 2019

Actually it is given for residential purpose

one of my client is taking a house property on rent. @ 90000 pm...and sublet to some other person @ 145000 pm.....

my query ...is there any gst liability

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177227 Points)
Replied 04 December 2019

1. Tax liability will arise, if sub-letting properties is his business....

2. Secondly, if the difference in rent amount is due to any additional service/s provided, then GST gets attracted over the services, so the reason for the difference in rent amount is required to be analysed.

ca praveen jain (partner) (107 Points)
Replied 04 December 2019

No additional service provided by the party

yes house property given on rent is his business.............but as per notification no. 12 house property given on rent for residential purpose is a exempt supply...?