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Gst liability

This query is : Resolved 

09 September 2017 SIR ONE OF OUR CLIENT IS ENGAGED IN TRADING/RESELLING BUSINESS OF ELECTRONIC PRODUCTS, RENTING OF FLATS FOR RESIDENTIAL USE, RENTING OF SHOPS FOR COMMERCIAL USE. I.E. IS ENGAGED IN GOODS & SERVICES BOTH.

Q1 WHETHER HE CAN OPT FOR COMPOSITION SCHEME
Q2 IF NOT COMPOSITION SCHEME, WHAT WILL BE THE GST RATE ON RENTING OF FLATS FOR RESIDENTIAL USE & RENTING OF SHOPS FOR COMMERCIAL USE.

09 September 2017 Service providers cannot opt the GST Composition scheme except food restaurants.

Renting of flats for residential purpose is not attract GST & Renting of commercial shops attract GST @18%
Renting of residential property for commercial purpose also attract GST @18%


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