Rs 8 Lacs per annum Commercial Rent Receipt received from one and only one tenants ==============================================================
Rs 33 Lacs per annum Residential Rent Receipt received from rest of the tenants ============================================================= Consolidated/Aggregate Total Rent Receipt will arrive as at Rs 41 Lacs per annum approximately.
So far as the Commercial Rent Receipt is concerned, it is less than Rs 20 Lacs per annum and therefore we should not recover 18% GST from the said tenant.
So far as the residential rent receipt is concerned, residential rent receipt does not attract any recovery of GST.
Finally there should not be any type of recovery of GST from any of the tenants.
23 September 2017
Your total rent receipts including exempt rent exceeds 20 lacs hence you are required for registration under GST and charge GST on commercial rent of 8 lacs.
CAclubindia
