What will be the gst registration limit for rent on commercial property

Registration 977 views 1 replies

What will be the GST registration limit if there is only rent received from commercial property during the FY 2019-20.

Will it be 20lakhs or 40lakhs?

 

Replies (1)

For supply of GOODS limit was increased to 40 Lakhs (but pending before all state governments, need to check state notifications)

for SERVICES old limits are applicable i.e.  20 lakhs

Providing commercial property on rent is SERVICE , hence limit of 20 lakhs applicable


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