I am an individual. I am registered under GST. My main business is trading in electrical goods. I have a property, which I have given on rent. It is partly used for residential purpose and partly for commercial purpose by the tenant. I receive collective rent at Rs. 25,000 per month. There in no bifurcation of rent for residential and commercial purpose in the rent agreement.
What will the GST liability (if any) on rent received ?
Yes....
Unless rent agreements are separable, GST charged on full rent amount...
CAclubindia
